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Link to the full text of the law:

 http://w1.c1.rada.gov.ua/pls/zweb2/webproc4_1?pf3511=66289

 This law provides, in particular, the following changes:

 1) In the field of protection of the rights of shareholders of a joint stock company:

 - liability of concerned persons  and officers of a joint-stock company for damage caused  by deals  of non-market terms, the consent to which was granted by the majority shareholder or persons appointed by him;

 - expanding the list of related-party transactions;

 - selection of an independent auditor of a public joint stock company exclusively by the general meeting of shareholders.

 2) A new type of security for the fulfillment of obligations under the main contract is introduced - trust ownership.

- the collateral object is not included in the bankruptcy estate of the debtor or creditor, and therefore, when initiating bankruptcy proceedings, it will not be able to prevent the foreclosure of property (unlike the pledge, where the bankruptcy procedure may block foreclosure on the property for several years);

 - the status of the creditor as a trustee limits the ability of the debtor to withdraw the collateral object from encumbrance and to avoid fulfillment of the obligation.

 3) In the field of building:

 - the payment by the customers of the building a share contribution to the development of the infrastructure of the settlement is canceled. Till 01.01.2021 will be used fixed rate – 2% of value of building  residential property (4% -  non-residential property).

 4) In the field of land pledge agreements, expert monetary valuation of private property land transferred as collateral is canceled.