Advanced Search

Amending Article 859 Of Part Two Of The Civil Code Of The Russian Federation

Original Language Title: О внесении изменения в статью 859 части второй Гражданского кодекса Российской Федерации

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
RUSSIAN FEDERATION FEDERAL LAW amending article 859 of Part Two of the Civil Code of the Russian Federation adopted by the State Duma on June 29, 2005 Approved by the Federation Council on 6 July 2005 Article 1 Amend article 859 of Part Two of the Russian Civil Code Russian Federation (Legislative Assembly of the Russian Federation) Federation, 1996, N 5, sect. (410) The change, supplemented by paragraph 1 to 1 as follows: " 1-1. Unless otherwise provided by the contract, in the absence of two years of cash in the account of the customer and transactions in this account, the bank is entitled to refuse the performance of the bank account agreement by warning the client in writing. The bank account is considered terminated after two months from the date of the bank's issuing of such a warning if the customer's account has not received the money during this period. ". Article 2 This The federal law shall enter into force on the date of its official publication and shall apply to relations that have arisen from the contracts of the bank account entered into prior to the entry into force of this Federal Law. President of the Russian Federation Vladimir Putin Moscow, Kremlin 18 July 2005 N 89-FZ