Encyclopedia
Special Pledge Transfer Endorsement
A special pledge transfer endorsement — a special entry granting the pledgee of specified securities the right to sell the specified securities after a certain period in order to satisfy secured claims (hereinafter referred to as a special pledge transfer endorsement)1.
Federal Law No. 102-FZ dated July 16, 1998 "On Mortgage (Pledge of Real Estate)", as amended on June 6, 2019, Article 13, paragraph 9 // RSZ RF. 1998. No. 29. Article 3400. ↩