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Finance and Management
Reference:

Subjects of legal relations emerging from bank guarantee in the contractual system

Mel'nichenko Sergei Vasil'evich

Post-graduate student, the department of Civil Law and Procedure, Pitirim Sorokin Syktyvkar State University

167001, Russia, respublika Komi, g. Syktyvkar, ul. Kommunisticheskaya, 25

gn.sm@yandex.ru
Другие публикации этого автора
 

 

DOI:

10.25136/2409-7802.2020.1.32208

Review date:

17-02-2020


Publish date:

09-04-2020


Abstract: The object of this research is the parties of relations of bank guarantee within the contractual system. The subject of this research is the legal position of the parties of the relations pertaining to provision bank guarantee in the sphere of procurement. In the process of examining the status of the parties of relations in bank guarantee within the contractual system, the author examines the normative legal acts that establish requirements and boundaries for parties of the relations pertaining to guarantee commitment in the sphere of procurement. Throughout the process of studying the status of subjects of guarantee commitments in the sphere of procurement, special attention is given to the requirements imposed on the guarantor, beneficiary, and principal in the contractual system. The main conclusions consist in the requirements established by the Law on Contractual System and other normative legal acts restricting the list of persons authorized to act as a guarantor, beneficiary, and principal of bank guarantee in the sphere of procurement. It is determined that such requirements are characteristic to the guarantee commitment in the sphere of procurement.


Keywords: state customer, legal entities, guarantee obligation, principal, beneficiary customer, guarantor bank, bank guarantee, municipal customer., contract system, procurement sphere
This article written in Russian. You can find full text of article in Russian here .

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