FEDERAL LAW OF THE RUSSIAN FEDERATION

of December 30, 2020 No. 528-FZ

About introduction of amendments to article 356 parts one and Article 860.1 of part two of the Civil code of the Russian Federation

Accepted by the State Duma on December 16, 2020

Approved by the Federation Council on December 25, 2020

Article 1

Bring 356 parts one of the Civil code of the Russian Federation in Article (The Russian Federation Code, 1994, No. 32, Art. 3301; 2013, No. 51, Art. 6687) following changes:

Item 1 to add 1) with the paragraph of the following content:

"Transition of the rights of the creditor according to the obligation provided with pledge to other person attracts change of the corresponding person in the relations under the agreement of management of pledge if other is not provided by the law or the agreement or does not follow from being of the obligation. The agreement of management of pledge can provide in advance agreed the managing director of pledge to replacement of the party in such agreement in case of concession of the rights according to the obligation provided with pledge.";

Item 4 to add 2) with paragraphs of the following content:

"The managing director of pledge shall keep the register of all creditors, being agreement parties of management of pledge, and the bases of emergence of their requirements.

If other is not provided by the agreement of management of pledge, the money received by managing pledge as a result of agreement performance of management of pledge is subject to transfer on the nominal account which the managing director of pledge and the beneficiary (beneficiaries) on which shall open the creditor (creditors) is.

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