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Showing 3111–3120 of 69346 articles for “Art. 150-0 A II-2 bis”
A pledge is an agreement by which the pledgor grants a creditor the right to be paid in preference to his other creditors on a present or future movable asset or group of movable tangible assets. Secu…
The pledgor may not demand the cancellation of the registration or the return of the pledged asset until he has fully paid the secured debt in principal, interest and costs.
Where the pledge is constituted with dispossession, the pledgor may claim the return of the pledged property, without prejudice to damages, if the creditor or the agreed third party fails to fulfil it…
The sequestration or deposit of sums, effects or values, ordered by a court as a guarantee or as a precautionary measure, entails special allocation and preferential right within the meaning of Articl…
The object of the pledge may be movable fixed assets by destination. The order of preference between the mortgagee and the pledgee is determined in accordance with Article 2419.
Where the non-possessory pledge relates to fungible things, the pledgor may, unless otherwise agreed, dispose of them on condition that he replaces them with the same quantity of equivalent things.
A pledge of another person's thing may be annulled at the request of the creditor who was unaware that the thing did not belong to the grantor.
If the secured debt is not paid, the creditor may pursue the sale of the pledged asset. This sale shall take place in accordance with the procedures set out in the Code of Civil Enforcement Procedures…
Security interests in movable property are: 1° Movable liens; 2° Pledges of tangible movables; 3° Pledges of intangible movables; 4° Ownership retained or assigned as security.
The pledge is enforceable against third parties by the publication made of it.It is also enforceable against third parties by the dispossession in the hands of the creditor or an agreed third party of…
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