Russian Civil Code (Chapter 42 “Loans and Credits”) of 1994

Russia

(amended through 2003)

Russian Civil Code (Chapter 42 “Loans and Credits”) of 1994 governs loans and credits, and is the basis for activities of non-bank credit institutions in Russia. The chapter is organized as follows:

  • Loans;
  • Form of agreement;
  • Interest rates;
  • Credits; and
  • Form of agreement.