Disharmony of Regional Bond Issuance Guarantee
نویسندگان
چکیده
Regional bonds are an alternative for local governments to obtain funds finance regional development. In the process of issuing bonds, collateral is needed in form assets ensure fulfillment investors' rights. Although guarantee issuance has been regulated Article 55 Law no. 33 2004 concerning Fiscal Balance between Central Government and Governments, its implementation will be difficult do because there a prohibition on confiscation state as 50 No.1 State Treasury. This paper aims examine disharmony regulation guarantees bonds. Based discussion, it can concluded that issue related answered by making legal discoveries, namely identifying interpreting relevant regulations. If government acts capacity public entity carries out civil actions, must comply with provisions law. used state-owned classified separated so no longer attached property, if default these confiscated auction. fulfill rights investors setting aside Treasury Law. Keywords: onds, guarantees, DOI: 10.7176/JLPG/115-08 Publication date: November 30 th 2021
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ژورنال
عنوان ژورنال: Journal of Law, Policy and Globalization
سال: 2021
ISSN: ['2224-3259', '2224-3240']
DOI: https://doi.org/10.7176/jlpg/115-08