On leasing (756-I-son) · Date: 14.04.1999 · In force
The lessor does not have the right to use the object of leasing in as collateral without the prior consent of the lessee.
If stipulated in the leasing agreement, the lessee may provide the leased object as collateral for the fulfillment of other obligations, based on the part of the object's value that exceeds the remaining amount of lease payments due to the lessor.
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Source of the text
National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/4538319
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Cite as: Article 21. The use of an object of leasing in as collateral On leasing (756-I-son). neolex.uz/en/laws/law-85248/21 (lex.uz/docs/4538319)
