Proceedings of the International Conference On Law, Economic & Good Governance (IC-LAW 2023)

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Legal Protection for Ownership of Fiduciary Guarantee

Authors
Ahmad Abdullah1, *, Hartiwiningsih2, Lego Karjoko3
1Faculty of Law, Universitas Sebelas Maret, Surakarta, Indonesia Kentingan, Jl. Ir Sutami No.36, Kec. Jebres, Kota Surakarta, Jawa Tengah, Indonesia, 57126
2Faculty of Law, Universitas Sebelas Maret, Surakarta, Indonesia Kentingan, Jl. Ir Sutami No.36, Kec. Jebres, Kota Surakarta, Jawa Tengah, Indonesia, 57126
3Faculty of Law, Universitas Sebelas Maret, Surakarta, Indonesia Kentingan, Jl. Ir Sutami No.36, Kec. Jebres, Kota Surakarta, Jawa Tengah, Indonesia, 57126
*Corresponding author. Email: ahmad_abdullah@student.uns.ac.id
Corresponding Author
Ahmad Abdullah
Available Online 22 February 2024.
DOI
10.2991/978-2-38476-218-7_32How to use a DOI?
Keywords
— Breach of Contract; Fiduciary; Legal protection; Ownership
Abstract

The study employs a statutory and conceptual methodology. The need for a fiduciary guarantee certificate to safeguard the parties’ interests in a financing agreement will be determined by applying legal protection theory and ownership theory as analytical tools. The study’s findings demonstrate that to reduce future disputes between debtors and creditors, debtors must comprehend the terms and legal ramifications of financing agreements utilizing fiduciary assurances. The debtor should be present when the deed is made to support the evidence and clarify the legal relationship between the fiduciary guarantee’s goal and the financing agreement to lessen these issues. This is why this research suggests that the government quickly amend the Fiduciary Law and include an article stating that the parties must physically be present while executing a fiduciary guarantee deed.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference On Law, Economic & Good Governance (IC-LAW 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
22 February 2024
ISBN
10.2991/978-2-38476-218-7_32
ISSN
2352-5398
DOI
10.2991/978-2-38476-218-7_32How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Ahmad Abdullah
AU  - Hartiwiningsih
AU  - Lego Karjoko
PY  - 2024
DA  - 2024/02/22
TI  - Legal Protection for Ownership of Fiduciary Guarantee
BT  - Proceedings of the International Conference On Law, Economic & Good Governance (IC-LAW 2023)
PB  - Atlantis Press
SP  - 203
EP  - 208
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-218-7_32
DO  - 10.2991/978-2-38476-218-7_32
ID  - Abdullah2024
ER  -