CONSIDERATIONS ON THE LAW APPLICABLE TO FIDUCIA (TRUST) INSTITUTION
CONSIDERATIONS ON THE LAW APPLICABLE TO FIDUCIA (TRUST) INSTITUTION

Summary/Abstract: In the Romanian Civil Code, in the "goods" section was introduced the institution of fiducia (trust). This institution is adapted to the Romanian realities and European citizen are being able to capitalize on the more private nature means its interests. As an institution was governed initially by the British doctrines, then, taken in the European doctrine. Institution provides advantages in terms of organization assets and Trust as a true owner would use the property for the purpose intended.

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