Substance, object and models of financial private legal relationship

  • Sergey P. Pratasavitski Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

Abstract

Substance and object of financial private legal relationship is explored in the paper. It is noted that the existence of financial private legal relationships is brought to the existence of private-law attributes of their parties. In other words, these attributes exist in the form of legal relationship, forming the substance of the latter. Since the private-law attributes of the subjects of the financial private legal relationship constitute its substance, financial property (specific) is the object of this legal relationship. There is no financial private legal relationship without an object. Depending on a structural type of relationship and a kind of financial property, models of financial private legal relationship are stood out, one of which is a financial obligation. It is subjected to a separate analysis. A financial obligation is a legal relationship where one party (the debtor) is obliged to provide money, credit instruments or shares for the benefit of the other party (creditor), and the creditor is entitled to receive them.

Author Biography

Sergey P. Pratasavitski, Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

PhD (law), docent; associate professor at the department of civil law, faculty of law

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Published
2019-10-22
Keywords: substance of financial private legal relationship, object of financial private legal relationship, models of financial private legal relationship, financial obligation, obligation to provide financial services
How to Cite
Pratasavitski, S. P. (2019). Substance, object and models of financial private legal relationship. Journal of the Belarusian State University. Law, 2, 54-63. Retrieved from https://journals.bsu.by/index.php/law/article/view/1517
Issue
No 2 (2018): Journal of the Belarusian State University. Law
Section
Civil Law and Civil Procedure