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The Historical Development of Assignment System

Shen Jian-pin

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Abstract

Through long-term historical development, creditor's rights gradually lost the color of personification, which results in the birth of assignment system. If we want to add more nature of property to creditor's rights', the most important thing we must do is to perfect assignment system. In this aspect, both the Continental Law Legal System and the Common Law System experienced long-term process of development. It is the developmental trend of many nowadays nation's obligation laws to endeavor to add more nature of property to creditor's rights, safeguard and strengthen its transferability, contribute to its capitalization. Our country should also follow this trend when establishing assignment system in her future Civil Code.

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What this paper is about

Through long-term historical development, creditor's rights gradually lost the color of personification, which results in the birth of assignment system. If we want to add more nature of property to creditor's rights', the most important thing we must do is to perfect assignment system. In this aspect, both the Continental Law Legal System and the Common Law System experienced long-term process of development. It is the developmental trend of many nowadays nation's obligation laws to endeavor to add more nature of property to creditor's rights, safeguard and strengthen its transferability, contribute to its capitalization. Our country should also follow this trend when establishing assignment system in her future Civil Code.

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Available abstract

Through long-term historical development, creditor's rights gradually lost the color of personification, which results in the birth of assignment system. If we want to add more nature of property to creditor's rights', the most important thing we must do is to perfect assignment system. In this aspect, both the Continental Law Legal System and the Common Law System experienced long-term process of development. It is the developmental trend of many nowadays nation's obligation laws to endeavor to add more nature of property to creditor's rights, safeguard and strengthen its transferability, contribute to its capitalization. Our country should also follow this trend when establishing assignment system in her future Civil Code.

Key concepts: Creditor, Obligation, Capitalization, Civil code, Law, Safeguard, Restructuring, Business

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