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

Article 970: A. Nature

Book Four: LAW OF PROPERTY › Part Two: LIMITED RIGHTS IN REM › Chapter Three: PLEDGE OF MOVABLES › Division Four: PLEDGE BONDS

Persons who have obtained authorisation from the competent authority to engage, as a business, in lending against the pledge of immovables may issue pledge bonds secured by their claims secured by pledges of immovables and by their claims arising from their current business, even in the absence of a special pledge agreement and of an obligation of delivery.

Original Turkish text

MADDE 970 · A. Niteliği

İşletme olarak taşınmaz rehni karşılığında ödünç verme işiyle uğraşmak üzere yetkili makamdan izin alanlar, özel bir rehin sözleşmesi ve teslim yükümlülüğü olmasa bile, taşınmaz rehniyle güvence altına alınmış alacakları ile cari işlerinden doğan alacaklarını karşılık göstererek rehinli tahvil çıkarabilirler.

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.