LAW OF THE AZERBAIJAN REPUBLIC

of December 28, 2018 No. 1439-VQD

About modification of the Law of the Azerbaijan Republic "About mortgage"

Being guided by Item 13 of part 1 of article 94 of the Constitution of the Azerbaijan Republic, Millie decides Majlis of the Azerbaijan Republic:

Bring in the Law of the Azerbaijan Republic "About mortgage" (Collection of the legislation of the Azerbaijan Republic, 2005, No. 6, Article 461; 2007, No. 5, Article 436, No. 11, Article 1053; 2008, No. 5, Article 348; 2009, No. 12, Article 948; 2011, No. 7, Article 591; 2017, No. 10, Article 1773; The Law of the Azerbaijan Republic of December 30, 2018 No. 1298-VQD) the following changes:

1. replace in Article 1.0.6 of the word "in case of non-execution by the debtor of primary obligation" with the words "in cases of availability of the bases provided in article 34 of this Law".

2. under Article 4:

2.1. add to Article 4.1.4 after the words "in communication" of the word "maintaining text about execution";

2.2. add to Article 4.2 after the word "obligations" of the word" (the requirements provided in Articles 4.1.1 - 4.1.3 presents of the Law)" and to replace in this Article of the word "it is not considered" with the word it "is considered".

3. remove the second offer of Article 6.5.

4. replace in Article 9.1 the word "obligations" with the word of "obligations".

5. under Article 10:

5.1. replace in the second offer of Article 10.2 of the word "Agreement of Mortgage of Immovable Thing" with the words "Agreement of Mortgage";

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info