LEGAL ACTS IN ENGLISH
 
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Početna | english
Legal Acts in English
Grupa: CONTRACT AND PROPERTY RIGHTS
Izdanje: LAW ON REGISTERED CHARGES ON MOVABLE ASSETS AND RIGHTS*
Published in the Službeni glasnik RS, Nos. 57/03 of 30 May 2003, 61/05 of 18 July 2005, 64/06 of 26 July 2006 – corrigendum, 9/11 of 27 December 2011 – other laws and 31/19 of 29 April 2019
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Sekcija: I BASIC PROVISIONS
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  • Purpose of the Law
     Article 1

    This Law governs the creation of a non-possessory charge on movable assets and rights in order to secure claims, a charge contract, the rights and obligations of contracting parties, the entry of a charge in a register, its enforcement in favour of the chargee and the termination of a charge.

    Movable assets and rights are charged by entering the charge in a register, as established in this Law.

    The legal relations that are not governed by this Law shall be governed by the provisions that regulate obligations, property relations and other provisions.

  • Charge Contract
     Article 2
    The charge contract obliges the chargor to provide security for the chargee by entering the chargee's claim to the charger's asset in the register (hereinafter referred to as: Charge Register).
    The chargor may be the debtor or a third party.
    The charge contract defines the rights and obligations of the chargor and the chargee.
  • Content and the Form of the Contract
     Article 3

    The charge contract shall in particular contain: the day of entering into the contract, the first and last name of the person or the name of the company; the permanent or temporary residence i.e. the seat of the chargee, the chargor and that of the debtor, where the debtor and the chargor are different persons; the description of the subject matter of the lien and information about the claim to the secured.

    The charge contract shall be in written form.

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