Law 14,711/2023, which establishes the Legal Framework for guarantees, was published on 10/30/2023.
This Law amends Law No. 10,406 of January 10, 2002 (Civil Code), Law No. 9,514 of November 20, 1997, which provides for the Real Estate Financing System (SFI) and institutes the fiduciary alienation of real estate, and Law No. 8,935 of November 18, 1994, which provides for notary and registration services, among others.

Purpose of the Law

The changes and innovations aim to provide leverage and sustainability of credit at a national level, improve the efficiency of guarantees offered on the market, reduce risks related to default and make credit recovery more efficient.

Validity

The law comes into force on the date of its publication, starting 10/30/2023.

Access the full newsletter, clicking here. 

Luchesi Lawyers

With a history spanning over 30 years, we are a reference in providing specialized legal services to clients in the agro-industrial production chain and other sectors of the industry. Our activity has been recognized nationally and internationally and stands out for the innovative way in which we handle consultancy issues, contractual negotiations, as well as litigation and strategic operations in agribusiness.