Due to the Financing Company’s Capital as a Fidusian Recipient of Fidusian Security Objectives

The type of research used in this research is normative legal research. The transfer of ownership rights to the Fiduciary Collateral Objects is handed over in a constitutum possessorium, which means that the trustworthiness of the guaranteed property (the debtor's property) is transferred to th...

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Bibliographic Details
Main Authors: Erick Wiryadharma, Moh. Saleh
Format: Article
Language:English
Published: International journal of multicultural and multireligious understanding 2021-08-01
Series:International Journal of Multicultural and Multireligious Understanding
Subjects:
Online Access:https://ijmmu.com/index.php/ijmmu/article/view/2875
Description
Summary:The type of research used in this research is normative legal research. The transfer of ownership rights to the Fiduciary Collateral Objects is handed over in a constitutum possessorium, which means that the trustworthiness of the guaranteed property (the debtor's property) is transferred to the creditor, with physical control over the goods remaining with the debtor. Where it’s agreed that the owner of the object will surrender his/her right over the object to the Fiduciary. But with a promise that the owner of the object may still use it and then hold onto the object for the Fiduciary. So the status, the person who was originally the owner, is now a borrower. In this incident, there was no real surrender, but only based on an agreement.
ISSN:2364-5369
2364-5369