Regulatory Alerts2023-01-01
Law on Enforcement and Securing of Claims
The Parliament of Montenegro enacted this law to regulate the procedures for the enforced satisfaction of monetary claims and the securing of claims through public enforcement officers and courts. It establishes the legal framework for initiating enforcement based on enforceable or authentic documents, defining the jurisdiction, powers, and procedural rules for both judicial and administrative enforcement actions. The legislation further details the scope of enforcement, permissible assets, cost allocation, and protections for parties, ensuring efficient debt recovery while respecting personal dignity and legal rights.
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