Territorial communities in civil legal relations

On the way to the introduction of civilised rules of economic activity, it is necessary to properly justify the key constructions in this area. Therefore, the main objective of the work is to analyse the territorial communities in civil-law relations. The research work examines the practice of applying not quite natural legal construction, namely, in today's Ukraine operative management right that appeared during the Soviet times and has been an indicator of socialist law for a long time. The particulaties of applying the provisions on the responsibility of territorial communities when considering the cases on bankruptcy of legal entities established by them were investigated in the framework of the study of the general problematics of the founder's responsibility in accordance with the obligations of controlled enterprises. Such a research gains particular significance in the context of modern local self-government reform, in particular, power decentralisation. It was established that in order to reduce the risk of settling disputed court decisions, one should make amendments to the Commercial Code of Ukraine in order to approximate its individual provisions to the current conditions of running a business