Law No. 2654-XII “On pawn”. Country/Territory Ukraine Document type Legislation Date 1992 (2013) Source FAO, FAOLEX Subject Agricultural & rural development, General Keyword Governance Internal trade Property rights Agricultural commodities Financial agricultural measures Geographical area Black Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia Entry into force notes This Law enters into force on the date of its official publication. Abstract This Law establishes that pawn shall be intended to secure of obligations if otherwise is not envisaged by the acting legislation. Due to pawn and in accordance therewith creditor (pledge holder) in case of non-compliance of a pledger with obligations originating from pawn shall have the right to secure the value of the pawn through property of the pledger on preferential terms by contrast with other creditors. Pawn shall be regulated by contracts. The object of pledge can be commodities, future harvest, animal yield etc. Envisaged by pawn contract. The Parties of pawn contract can be natural persons, legal persons and the state. Full text Ukrainian Website zakon1.rada.gov.ua