Joke Collection Website - Bulletin headlines - Provisions on the administration of lien places

Provisions on the administration of lien places

The establishment of the supervisory committee is at the national, provincial, municipal and county levels. If there is no supervision committee below the county level in townships, towns and streets, the way we adopt is that if the detention measures are needed below the county level, they can be placed in the detention place at the city level. The second is to transform some facilities of detention centers managed by public security organs and open up detention areas.

Legal basis:

People's Republic of China (PRC) Civil Code

Article 447 When the debtor fails to perform the due debt, the creditor may retain the chattel that the debtor has legally possessed, and enjoy the right of priority in compensation for the chattel. The creditor specified in the preceding paragraph is the lien holder, and the movable property it occupies is the lien property.

Article 449 A chattel that cannot be retained by law or agreed by the parties shall not be retained.

Article 451 The lien holder has the obligation to properly keep the retained property; If the retained property is damaged or lost due to improper custody, it shall be liable for compensation.

Article 452 The lien holder has the right to collect the fruits of the retained property. The fruits specified in the preceding paragraph shall be used as the expenses for collecting fruits first.

Article 454 The debtor may request the lien holder to exercise the lien after the expiration of the debt performance period. If the lien holder fails to exercise it, the debtor may request the people's court to auction or sell the retained property.