Article 149: General provisions on non-documentary securities

1. The persons responsible for performance on non-documentary securities are the person who issued the securities and the persons who provided enforcement on the relevant securities. Persons responsible for the execution of a non-documentary security document must be identified in a decision to issue it or in another legal act of the person issuing the security. The right to require performance on non-documentary securities from a person under an obligation is recognized as a person named in the records as a right holder or as another person who, in accordance with 2. The registration of rights in non-documentary securities shall be effected by means of the recording of accounts by a person acting on behalf of a person liable on the basis of his or her value. or a person acting under a contract with a right holder or with another person who, in accordance with the law, exercises rights on the basis of a security right. 3. Orders, including transfer, bail, other encumbrances of non-documentary securities, and restrictions 4. A person who has issued a non-documentary record of the rights to non-documentary securities may only be used to record them. and the person in charge of the registration of rights in such securities shall be jointly and severally liable for damages arising out of the violation of the treatment of rights, Financial transactions, loss of accounting records, provision of inaccurate accounting records unless it is proved that the violation occurred due to irresistible force. is not liable for damages caused by the violation of the rights of persons acting under the contract with the grantor. The applicant or other person who, in accordance with the law, exercises rights on the basis of the security.