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In conclusion, it can be seen that the parliamentary committee’s

statements regarding the TCC eventually becoming a code, which sat-

isfies the needs of commercial life via dynamic amendments compati-

ble with the needs of commercial practice have been actualized. By

virtue of these amendments, the need for distribution and limitation of

the representative authority within company officials is satisfied via the

addition of a new paragraph to Art. 371. Additionally, temporary arti-

cles grant extended opportunities for companies to adapt themselves to

the TCC.

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NEWSLETTER 2014