Article 726. State loan Agreement of the Civil Code of the Republic of Kazakhstan
1. Under a government loan agreement, the borrower is the state, the lender is a citizen or a legal entity.
2. Government loans are voluntary.
3. A government loan agreement is concluded by way of acquisition by the lender of government bonds issued, as well as other government securities (documentary or non-documentary) certifying the lender's right to receive money lent to him from the borrower or, depending on the terms of the loan, other property equivalent, established remuneration or other property rights within the time limits stipulated by the terms of the issue. in the circulation of this loan.
4. The borrower is responsible for his obligations arising from the state loan agreement with the property of the state treasury.
5. The specifics of the Republic of Kazakhstan's participation in government loan relations may be established by legislative acts.
President
Republic of Kazakhstan
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