MAIN AREAS OF IMPROVEMENT LEGISLATION CONCERNING PLEDGES

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Abstract

The article examines the additions and amendments which were introduced to the legislation on collateral in the process of modernization of the Civil Code of the Russian Federation, which are compared both with the norms which were in force in the Soviet period and with the original version of Ch. 23 of the Civil Code of the Russian Federation. The author analyzes the most significant novelties enshrined in §3 Ch. 23, relating to the most important aspects of collateral relations, including: the legal status of their entities; to determine the subject of pledge; to the grounds for the occurrence and termination of the pledge; to the rights and obligations of persons having the rights of a pledge holder in relation to the same subject of pledge; to the peculiarities of the circulation of pledges on real estate and things not related to it; to state registration of pledge; to the priority of satisfying the creditors' demand, etc. The study and characterization of the new legislative provisions is accompanied by an analysis of the clarifi ed guidelines on the issues addressed by the Supreme Court of the Russian Federation, as well as the provisions presented in the modern doctrine of collateral law.

About the authors

V. V. Zaitsev

Center for Economic Justice of the Higher School of Law, Institute of Public Administration and Civil Service, The Russian Presidential Academy of National Economy and Public Administration

Author for correspondence.
Email: grigorjewa.katerina@yandex.ru
Russian Federation

References

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