Decree No. 96-II of the Ministry of Finance validating the Regulation on mortgage and land based credit.
Утверждено приказом Министерства финансов Кыргызской Республики от 2 апреля 2002 года N 96-П ПОЛОЖЕНИЕ о работе с залогом.
Resource information
Date of publication
апреля 2002
ISBN / Resource ID
LEX-FAOC095525
Copyright details
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This Decree shall be applicable to mortgage of immovable property and land based credit. It contains the form of mortgage contract concluded with peasant farms and establishes the modalities of access to land base credit. Immovable property subject of granting of credit shall include land plots, plots of subsoil, separate waterbodies, forests and perennial plantations. This Decree shall be applicable to individual entrepreneurs (natural persons), economic entities and legal persons irrespectively of the form of ownership. Mortgage contract shall contain clauses related to rights and duties of mortgager and pledge holder.