Evolution of the Conception of the Special Pledge in Bulgaria

Authors:

Pages: 176-184
DOI: https://doi.org/10.54664/OTDO6563

Abstract:

The article presents the development of the special pledge in Bulgaria and the influence the Model law on secured transactions (MLST) drafted by the European Bank for Reconstruction and Development has in forming the basis of the national legislation regarding the pledge without transfer of pledged property. The article presents the general principles of the Law on Special Pledges and it highlights on the individual amendments of texts after the significant changes in the law adopted in 2016.

Keywords:

securities, special pledges, Model law on secured transactions.

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