President Ilham Aliyev signed a law to amend the laws of the Republic of Azerbaijan.
This was reported by the press service of the head of state.
The document establishes the introduction of a new mechanism for foreclosure on securities owned by debtors.
In particular, court officials will have the right to seize them and, if necessary, arrange their transfer for return or sale in a regulated market.
The full text of the document can be found at the link.
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