Legal regime determines the order of a special legal regulation, is expressed in a combination of certain legal tools and creating the necessary social status and degree of favorable or unfavorable to satisfy the interests of the law.
legal regimes have the following characteristics.Their legislation establishes and provides the state (political and legal) mode.The aim of the regime is to regulate a specific way of specific areas of public relations, in the selection of spatial and temporal boundaries of various entities.
As part of the legal regime can be made with respect to its specification of objects and subjects of legal regulation.
There is a classification of the legal category.Depending on the subject of regulation allocate land, administrative, constitutional and other legal regimes.According to the legal nature - the procedural and substantive, on the content of - tax, customs, currency.With regard to the subjects of the legal regime may be established citizens, IDPs, refugees and others. The function of law arises from special protection or special regulation, according to the forms of expression - a common and legitimate, in the sphere of use - and between domestic (economic sanctions, protection of territorial watersetc.), in terms of regulations - local, municipal, regional and general federal.
The legal regime of securities
By definition, a security is a document that allows you to verify the owner of the property rights in compliance with the mandatory particulars required by the legislation and the form.Property rights may be exercised and transferred only upon presentation of a document of value.The absence of mandatory or non-essential details of the document prescribed form shall entail its invalidity, nullity.For example, if the bill amounted to violations, it can not be regarded as a bill.
distinctive feature of the bond is the need for presentation of these documents for the implementation of rights.This is different from the rights of civil transaction that does not require submission of documents confirming the conclusion of the transaction.
All securities are divided into abstract and casual.Last occur when a reference to the underlying transaction.Abstract apply in cases where the security comes from a new obligation, independent of the transactions underlying.
Legal regime regulates the rights of securities that may belong to the person recorded in the security (name), the bearer of the document (bearer).Also specified in the security person may nominate their own authorized another person (a warrant valuable paper).
feature all securities shown the ability to keep them in wide circulation.This can be achieved by simplifying the rules and procedures of transfer of rights.Certified by a bearer security rights are transferred with the presentation of the document to the new owner.
greatest possess transferable bearer securities.More complicated is the procedure for the transfer of securities registered securities.In this case, you can assign rights only in ordinary civil law procedure, which is set for the assignment of the claim, in other words, at the conclusion of the transaction between the former and the new owner.According to an order paper right is transmitted by endorsement - endorsement, which means that all the rights are transferred to the new entity - the transferee from a person record.
