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Showing 5271–5280 of 46306 articles for “Art. 2 terdecies D”
The amount of the loans, where they are secured by platinum, gold or silver goods, may not exceed four-fifths of their estimated value by weight. For other goods, this amount may not exceed two thirds…
If the institution loses all or part of the pledged item, the borrower is compensated by paying a sum equal to the appraised value of the item. This sum is increased by a fixed indemnity of 25%. The a…
Sales are carried out by the auctioneers attached to the establishment as appraisers. They are assisted, where necessary, by auctioneers and clerks chosen and paid by them. Failing this, sales are car…
…able to the Caisse for the consequences of their appraisals. Consequently, if an item is not released or the pledge is not renewed, it is sold and the proceeds of the sale are not sufficient to reimbu…
Judicial auctioneers or other public officials are allocated a proportional fee on the proceeds of sales, the amount of which is set by decision of the Guidance and Supervisory Board, to cover the cos…
The objects awarded, including those made up or set, in platinum, gold or silver, which do not bear the guarantee mark, but which the successful bidder agrees to have broken and taken out of service,…
The Guidance and Supervisory Board determines the duration of the loans. This may not exceed two years, including the extension of loans.However, borrowers have the option of releasing their property…
The remuneration of appraisers is set by the Guidance and Supervisory Board. It may not exceed 0.50% of the amount of loans granted or renewed on the basis of the appraisal of pledged assets.
Pledged assets which have not been released or renewed by the end of the term stipulated in the acknowledgements issued to the borrowers, or for which an additional term has not been granted by the Di…
Sales are announced at least ten days in advance by public notice or, where applicable, by printed and distributed catalogues, special notices and public display of the items to be sold.The notice sha…
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