DISPOSSESSION OF ASSETS IN THE NEW ROMANIAN CIVIL CODE. COMPARATIVE LAW
DISPOSSESSION OF ASSETS IN THE NEW ROMANIAN CIVIL CODE. COMPARATIVE LAW
Author(s): Silvia CristeaSubject(s): Law, Constitution, Jurisprudence
Published by: Societatea de Stiinte Juridice si Administrative
Keywords: pledge; dispossession; civil code; mortgage
Summary/Abstract: This article deals with the legal status of pledge, in view of the new Romanian civil code. Besides regulation, definition and subject collateral (section 1,2 and 3), the focus of the analysis is on the institution dispossession of assets, which marks the time difference between pledge and mortgage (section 4). Original in the doctrinal approach is the analysis of pledge in different systems of law (French law and Canadian law, in section 5). If the purpose of the legislature was that the Roman civil pledge without dispossession come under the regulation of mortgage securities and dispossession remain at the borders of the Civil Code, we believe that achievement is threatened by the expansion of civilian collateral object of pledge to the marketable securities, especially over the nominative one (forms synthesized in the conclusions of the article).
Journal: Perspectives of Business Law Journal
- Issue Year: 2014
- Issue No: 03
- Page Range: 73-80
- Page Count: 8
- Language: English