securitize or to pledge as collateral the credits of the contract based on the Public Nursing Care Insurance System

由于提供公共护理服务的经营者在结构上依赖于现有的债务，因此公共护理服务保险制度下的契约信用需要证券化或抵押作为担保。特别是在设施中提供服务的经营者，因为他们需要大量的资金来拥有和维护设施和设施，所以他们应该依赖于债务。在探讨将公营护理保险契约之债权证券化或质押时，应考虑之风险有：(1)（2）经营者是否为债权人或债权人代理人不明确;（3）撤销公共护理保险制度经营者的指定;（4）破产。在讨论担保物是证券化合同或质押合同订立后产生的债权的情形时，应先讨论（3）和（4），然后再讨论担保物权保持器持有人丧失抵押品赎回权，经营者不能从作为担保物的债权中获得报酬时，经营者的管理问题。在这种情况下，我们需要考虑到从运营商那里获得服务的人的某种控制。因为经营者提供的是“基于公共护理保险制度的服务”，另一方面，我们也要考虑到担保权益人和投资者的利益，他们应该受到不可收回风险的保护。

It is high-need to securitize or to pledge as collateral the credits of the contract based on the Public Nursing Care Insurance System.Because the operators which provide the Public Nursing Care System should structurally rely on the being debt. Especially, the operators which provide the services at the establishment should rely on the being debt because they need much money to own and to maintain the establishment and facilities. The risk which we should take into account when we discuss about to securitize or to pledge as collateral the credits of the contract based on the Public Nursing Care Insurance System are.(1) about appraisal or refund,(2) It is not clear that the operator is creditor or agent of the creditor,(3) revocation of the designation as the operators on Public Nursing Care Insurance System, and(4) Buncruptcy. The(3) and(4) should be discussed when we discuss the cases which collateral is the credits which will be created after the contract of securitization or pledge is concluded.Afterward, we should discuss about the management of the operators after the security interest holder foreclose and the operators can not get paid from the credits which are the collateral. In such cases, we need the some kind of control considering the people who are provided the services from the operators. Because the operators provide "the service based on the Public Nursing Care Insurance System".On the other hand, we should consider about the security interest holders and the invertors who should be protected from the risk of non-recoverable.