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Indonesia Law Review
Article . 2013 . Peer-reviewed
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Indonesia Law Review
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Indonesia Law Review
Article . 2013
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EXECUTION OF FIDUCIARY GUARANTEE UNDER LAW NO. 42 OF 1999 ON FIDUCIARY GUARANTEE (A SOCIO-JURIDICAL ANALYSIS TO ANTICIPATE ITS EFFECTIVENESS)

Authors: Arie Sukanti;

EXECUTION OF FIDUCIARY GUARANTEE UNDER LAW NO. 42 OF 1999 ON FIDUCIARY GUARANTEE (A SOCIO-JURIDICAL ANALYSIS TO ANTICIPATE ITS EFFECTIVENESS)

Abstract

Fiduciary Guarantee (Fiduciary Law) which approved by the House of Representatives of the Republic of Indonesia (DPR RI) on September 9, 1999 has accommodate the public needs to help business activities and to provide legal certainty to the interested parties. With the increase in the development activities and the needs for funding, a majority of funds are needed to meet the lending and borrowing activities that require protection for the lender and the borrower through a guarantee institution that can provide legal certainty and protection to the lender or the borrower. Viewed from the current lending practices, there is a difficulty on the part of the Fiduciary Guarantee to conduct the fiduciary execution if the Fiduciary Grantor defaults since in fact the goods being a fiduciary object are still in the possession of the Fiduciary Grantor or Debtor, then in line with the provisions of article 1977 of the Indonesian Civil Code, known as the principle of bezit geldt als volkomen titel.

Related Organizations
Keywords

Guarantee Provider, Debtor, Fiduciary Law, Creditor, K, Law

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
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