Article 37. Limitation period of the Law on Banks and Banking Activities in the Republic of Kazakhstan
The limitation period at the request of banks, subsidiaries of banks acquiring doubtful and uncollectible assets of the parent bank, the organization specified in paragraph 8 of Article 61-4 of this Law, as well as organizations specializing in improving the quality of second-tier banks' loan portfolios, against borrowers for non-fulfillment and (or) improper fulfillment of bank loan agreements is five years..
The Law of the Republic of Kazakhstan dated August 31, 1995 No. 2444.
President
Republic of Kazakhstan
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