Execution on intangible funds: Comparative study

The current development in various fields has led to an increase in the economic value of intangible funds, which led to saying that these funds are valid for disposal, as their owner can mortgage and benefit from them, and since intangible funds have a special nature represented by the lack of physical existence, that is, they do not allow their possession in actual possession, and as a result it was It is necessary to study the regulation of this type of money and determine the provisions related to it in terms of the effects related to its mortgage and the possibility of implementation on it, as this leads to encouraging creditors to accept intangible funds to be subject to mortgage, but there is a legislative deficiency related to the regulation of the provisions related to this money, so it was The use of the general rules stipulated by the Iraqi legislator in Civil Law No. 40 of 1951, as well as Execution Law No. (45) of 1980 in Iraq in terms of the conditions of this mortgage and its implications and the possibility of execution on intangible funds in the event that the current debtor fails to pay the debt and fulfill its obligation.

Anahtar Kelimeler: Intangible funds, creditors, money

The current development in various fields has led to an increase in the economic value of intangible funds, which led to saying that these funds are valid for disposal, as their owner can mortgage and benefit from them, and since intangible funds have a special nature represented by the lack of physical existence, that is, they do not allow their possession in actual possession, and as a result it was It is necessary to study the regulation of this type of money and determine the provisions related to it in terms of the effects related to its mortgage and the possibility of implementation on it, as this leads to encouraging creditors to accept intangible funds to be subject to mortgage, but there is a legislative deficiency related to the regulation of the provisions related to this money, so it was The use of the general rules stipulated by the Iraqi legislator in Civil Law No. 40 of 1951, as well as Execution Law No. (45) of 1980 in Iraq in terms of the conditions of this mortgage and its implications and the possibility of execution on intangible funds in the event that the current debtor fails to pay the debt and fulfill its obligation.

Keywords: Intangible funds, creditors, money

Sayfa Aralığı: 167-190

Zahra, H. A. A. & Mezher, H. A. (2023). Execution on intangible funds: Comparative study. Journal of Strategic Research in Social Science, 9 (SE), 167-190