1st Meeting of the Second Sectional Meeting (December 6th, 2011)

Agenda

  Discussion on issues for reforming the Civil Code (law of obligations)

Summary of minutes

  Members discussed issues for reforming the Civil Code (law of obligations) based on Material No.31 (distributed at the 33rd meeting). Concrete issues discussed are as follows.

   1  Extinctive prescription for a claim of periodic payments (Article 168 of the Civil Code)

   2  Alteration of a prescription period through agreement

   3  Grounds to renew prescription

   4  Impediments of prescription due to negotiation and consultation of parties

   5  Treatment when an action is filed upon a part of the claim

   6  Notice to the obligor of the fact that an action is filed to a person other than the obligor

   7  Extinctive prescription of mortgages (Article 396 of the Civil Code)

(Above issues were left to sectional meetings at the 34th Meeting of the Study Group.)

Material

  Omitted.