The meaning of Cessie itself is given in Article 613 BW.
Based on Article 613 BW the definition of Cessie is:
1. The transfer of receivables in the name and other intangible objects, is carried out by making an authentic deed or under the hand, whereby the rights to the object are delegated to another person.
2. Such delivery for the debtor has no consequences, except after the delivery has been notified to him, or in writing, is approved and acknowledged.
3. The delivery of each receivable due to a carry letter is carried out by submitting the letter; the delivery of each receivable due to appointment documents is carried out by submitting a letter accompanied by an endorsement.
Furthermore, Cessie is the transfer of rights to intangible movable objects, which are usually in the form of receivables on behalf of a third party, where someone sells the right to collect them to another person, in other words, cessie is a form of transfer of receivables, not transfer of debt because the consequence of cessie is the replacement of creditors. .
Based on Article 613 BW the definition of Cessie is:
1. The transfer of receivables in the name and other intangible objects, is carried out by making an authentic deed or under the hand, whereby the rights to the object are delegated to another person.
2. Such delivery for the debtor has no consequences, except after the delivery has been notified to him, or in writing, is approved and acknowledged.
3. The delivery of each receivable due to a carry letter is carried out by submitting the letter; the delivery of each receivable due to appointment documents is carried out by submitting a letter accompanied by an endorsement.
Furthermore, Cessie is the transfer of rights to intangible movable objects, which are usually in the form of receivables on behalf of a third party, where someone sells the right to collect them to another person, in other words, cessie is a form of transfer of receivables, not transfer of debt because the consequence of cessie is the replacement of creditors. .
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