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Overdue


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The creditor is deemed to be in default if he has refused to accept proper performance offered by the debtor or has not performed actions provided for by law, other normative acts, or the contract, or arising from customs or the nature of the obligation, prior to which the debtor could not perform his obligation1.

  1. Civil Code of the Russian Federation, Article 130, paragraph 1, as amended on March 18, 2019, Article 406, paragraph 1 // Official Gazette of the Russian Federation. 1994. No. 32. Item 3301. ↩

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