Encyclopedia

Pledge account


A pledge account — an account on which, in accordance with the Federal Law "On Mortgage Securities," monetary funds constituting the mortgage coverage of bonds issued by a mortgage agent are recorded1.

  1. Federal Law of October 26, 2002 No. 127-FZ "On Insolvency (Bankruptcy)," as amended on April 19, 2023, Article 133, paragraph 4 // Official Gazette of the Russian Federation. 2002. No. 43. Item 4190. ↩

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