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Pledge Of Accounts Receivable

Posted on:2013-09-25Degree:MasterType:Thesis
Country:ChinaCandidate:X B ZhangFull Text:PDF
GTID:2246330395953096Subject:Law
Abstract/Summary:PDF Full Text Request
The Account receivables, as important floating assets of the modern companies, have never been utilized quite well in our country for the difficulties of itself to be administrated and the lack of legal system about account receivables financing security. Property Law of PRC, which was promulgated in2007, made clear principles about pledge on account receivables for the first time. At the same time, the People’Bank of China promulgated the Measures for the Registration of the Pledge on Account Receivables. The two promulgated laws and regulations provided legal basis for companies to use account receivables to get finance. However, the administration about the pledge on account receivables is quite principle and simple, and the pledge on account receivables is a new means of financing, so it is necessary to have further research on the theories of the pledge on account receivables to provide theoretical for the practices. Account receivables are different from tangible assets and bill assets of company. It is a kind of commercial credit assets in nature, which directly leads to high risk of pledge on account receivables. Therefore, it is of important realistic significance to analyze the possible legal risk brought by the pledge on account receivables.
Keywords/Search Tags:account receivables, pledge, rights real rights for security, financingsecurity, legal risk
PDF Full Text Request
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