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The Extinctive Prescription in the New Civil Code

Author

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  • Raluca-Oana ANDONE

    (Lecturer Ph.D Candidate)

Abstract

This paper presents the new Civil regulation of the extinctive prescription, insisting on the novelties regarding the impossibility of invoking it by the competent jurisdiction bodies, the possibility of renouncing to the extinctive prescription, of modifying the duration of the prescription terms with certain limits and the causes of suspension or interruption, the appearance of new 10 years, 2 years and 1 year special prescription terms, of week and hour terms, of new day terms calculation methods, the introduction of new extinctive prescription suspension and interruption causes.

Suggested Citation

  • Raluca-Oana ANDONE, 2012. "The Extinctive Prescription in the New Civil Code," Anuarul Universitatii „Petre Andrei” din Iasi / Year-Book „Petre Andrei” University from Iasi, Fascicula: Drept, Stiinte Economice, Stiinte Politice / Fascicle: Law, Economic Sciences, Political Scien, Editura Lumen, Department of Economics, vol. 0(10), pages 121-138, Decembrie.
  • Handle: RePEc:lum:rev11d:v::y:2012:i:10:p:121-138
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    More about this item

    Keywords

    extinctive prescription; prescription terms; causes of suspension or interruption; calculation methods; Romanian new Civil Code.;
    All these keywords.

    JEL classification:

    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate

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