Proceedings of International Conference of Social Science, ICOSS 2018, Denpasar, Indonesia

Research Article

Motorbike as a Fiduciary Object at Financing Institution of Subsidiary PT. Adira of Denpasar

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  • @INPROCEEDINGS{10.4108/eai.21-9-2018.2281156,
        author={Anak Agung Ayu Sri Wulan Jayanti and Luh Putu Sudini},
        title={Motorbike as a Fiduciary Object at Financing Institution of Subsidiary PT. Adira of Denpasar},
        proceedings={Proceedings of International Conference of Social Science, ICOSS 2018, Denpasar, Indonesia},
        publisher={EAI},
        proceedings_a={ICOSS},
        year={2019},
        month={1},
        keywords={fiduciary object financing company motorbikes},
        doi={10.4108/eai.21-9-2018.2281156}
    }
    
  • Anak Agung Ayu Sri Wulan Jayanti
    Luh Putu Sudini
    Year: 2019
    Motorbike as a Fiduciary Object at Financing Institution of Subsidiary PT. Adira of Denpasar
    ICOSS
    EAI
    DOI: 10.4108/eai.21-9-2018.2281156
Anak Agung Ayu Sri Wulan Jayanti1,*, Luh Putu Sudini1
  • 1: Universitas Warmadewa
*Contact email: gungwulan83@yahoo.com

Abstract

This study explores the regulation of fiduciary institutions in financing companies and the implementation of the imposition of motorbike as fiduciary at the financing company in Denpasar city. This study applies a qualitative research design. Results show that Fiduciary Institution in the financing company is strictly regulated in the Laws number 42 Year 1999 on Fiduciary; it is the transfer of property rights to the goods as a guarantee on the basis of trust, while the object itself remains in the hands of the owner. The implementation of imposition of motorbike as a fiduciary at a financing company in PT. Adira Denpasar is an absolute requirement for the purpose of legal certainty that is expressly regulated in the credit agreement. This is because fiduciary security is very important for financing companies to counter the risks that may arise in the future as a result of lending by the company