Turkish Law in EnglishTÜRKİYE
Turkish Civil Code (Law No. 4721)

Article 963: II. Duration

Book Four: LAW OF PROPERTY › Part Two: LIMITED RIGHTS IN REM › Chapter Three: PLEDGE OF MOVABLES › Division Three: PERSONS ENGAGED IN THE BUSINESS OF LENDING AGAINST PLEDGES A. Lenders

Private businesses may be granted a licence only for a specified period. This licence may be renewed upon the expiry of the period.

The licence granted may be revoked at any time if the necessary rules are not complied with.

Original Turkish text

MADDE 963 · II. Süre

Özel işletmelere ancak belli süre için izin verilebilir. Sürenin bitiminde bu izin yenilenebilir.

Gerekli kurallara uyulmaması hâlinde, verilen izin her zaman geri alınabilir.

Text as of 1 October 2026 · Official source (Turkish): mevzuat.gov.tr ↗

Unofficial translation for information only. The Turkish text published in the Official Gazette is the only authoritative version. This page is not legal advice.