Article 9. Application for registration of pledge of movable property Chapter 2. Procedure for registration of pledge of movable property of the Law On Registration of Pledge of Movable Property

Home / RLA / Article 9. Application for registration of pledge of movable property Chapter 2. Procedure for registration of pledge of movable property of the Law On Registration of Pledge of Movable Property

1. To register a pledge of movable property, the applicant or his representative submits a completed application form or sends the application electronically via the unified register of pledge of movable property to the registration authority and (or) the State Corporation.

2. The application must contain:

1) the name of the registering authority and (or) the State Corporation;

2) the name, location (for a legal entity) or surname, first name, patronymic (if any), place of residence (for an individual) of the pledgor and the pledgee;

3) the date and place of conclusion of the pledge agreement or other agreement containing the terms of the pledge;

4) a list and description of the property that is the subject of the pledge, or a general description of the pledged object without requiring a specific description of the collateral provided for by the agreement of the parties to the pledge agreement;

5) the monetary equivalent of the obligation secured by the pledge;

6) the duration of the obligation secured by the pledge;

7) the signature of the applicant or his representative and the seal for the legal entity (if any);

8) an indication of which party has the pledged property, the permissibility of its use and information about the re-pledge;

9) the applicant's e-mail address (if available).

The application must be accompanied by a document confirming payment to the budget of the fee for the state registration of the pledge of movable property, with the exception of payment through the payment gateway of the "electronic government" in the case of sending the application in electronic form through the unified register of pledge of movable property.

When submitting an application to the registration authority and/or a State Corporation, the applicant must provide an identity document, and the representative of the person must provide a document confirming his/her authority, as well as an identity document.

3. When submitting an application to the registration authority and (or) a State Corporation and when submitting an application in electronic form through the unified register of collateral for movable property, the application signed by the parties to the transaction shall be submitted in the form of a notification indicating information on the condition of the pledge, as well as information in accordance with paragraph 2 of this article, without submitting a pledge agreement or other document containing conditions of the deposit.

3-1. Excluded by the Law of the Republic of Kazakhstan dated 05/24/2018 No. 156-VI (effective ten calendar days after the date of its first official publication).

4. It is not allowed to require any other documents and information other than those provided for by this Law.

5. Verification of the information contained in the application and registration of the pledge of movable property are carried out by the registering authority and (or) the State Corporation within two working days from the date of receipt of the application.

This Law establishes the rules for registering the pledge of movable property in order to realize and protect the rights of individuals and legal entities who have legitimate rights to this property.

The Law of the Republic of Kazakhstan dated June 30, 1998 No. 254.

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Republic of Kazakhstan

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