This Law sets forth legal grounds for setting up, functioning, reorganization and liquidation of peasant farms, regulates the rights and the duties thereof, and also the interrelations with other legal and natural persons. The Act consists of seven Chapters divided into 36 Articles: (1) general provisions; (2) allotment of land to peasant farms, landownership, land use and water use; (3) the rights and the duties of peasant farms and their members; (4) property of peasant farm; (5) functional ba