Article D514-1
The municipal credit banks may grant any natural person loans against pledges of tangible movable property, likely to be of appreciable value and in a good state of preservation. These assets are depo…
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Showing 731–740 of 69935 articles for “Art. R 232-1 · Arts. L 821-65 and D 821-185”
The municipal credit banks may grant any natural person loans against pledges of tangible movable property, likely to be of appreciable value and in a good state of preservation. These assets are depo…
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…
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,…
If the pledged item deteriorates, the borrower may relinquish it to the institution, subject to payment of compensation determined in accordance with the procedures set out in article D. 514-12. In th…
An acknowledgement of delivery of the loaned item is issued by the caisse to the borrower at the same time as the borrower receives payment of the amount loaned. This acknowledgement is either issued…
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…
After a period of three months from the date of deposit of the pledged item, any depositor may request the sale of the item at the sales periods set by the institution's internal regulations, even bef…
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