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(1) In order for a party to be transformed into an association, the meeting of party members shall be convened according to the statutes of the respective party. A decision regarding the transformation of the party into an association shall be taken at the meeting according to the procedures specified in the statutes. The information to be indicated in the founding decision shall be included in the minutes of the meeting of members. The minutes of the meeting of members shall be drawn up according to the provisions specified in the Associations and Foundations Law for the recording of minutes of the meeting of members.
(2) Upon transformation of a party into an association, the provisions of the regulatory enactments regulating the founding of associations shall be observed.
(3) An application regarding the transformation of a party into an association shall be signed by the executive board.
(4) Upon the transformation of a party into an association, the name, the abbreviated name and logo of the relevant party may be maintained or one or several of the referred to elements may also be used.
(5) A newly established association shall indicate in the statutes thereof that it is the successor of the rights and liabilities of a party.