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Showing 7991–8000 of 24302 articles for “Art. IV”
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…
Where the same asset is the subject of several successive non-possessory pledges, the ranking of the creditors is governed by the order of their registration. Where an asset given as a non-possessory…
…ise agreed, where the holder of the pledged asset is the creditor of the secured debt, he shall receive the fruits of that asset and set them off against the interest or, failing that, against the pri…
…istered land motor vehicle or trailer is published by an entry in a register kept by the administrative authority under the conditions laid down by decree in the Conseil d'Etat. The registration of su…
Where the settlor has the option of disposing of the pledged assets under the conditions provided for in Articles 2341 or
The pledgor must reimburse the creditor or the agreed third party for useful or necessary expenses incurred by the latter for the preservation of the pledge.
The creditor may also obtain a court order that the property shall remain in payment to him.Where the value of the property exceeds the amount of the secured debt, the sum equal to the difference shal…
It may be agreed, at the time the pledge is created or subsequently, that if the secured obligation is not performed, the creditor will become the owner of the pledged asset.The value of the asset is…
…n, he acquires ownership of the things pledged on condition that he returns the same quantity of equivalent things.In the case referred to in the first paragraph, the settlor may, if the agreement so…
The pledge is indivisible notwithstanding the divisibility of the debt between the heirs of the debtor or those of the creditor. The heir of the debtor who has paid his portion of the debt may not dem…
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