Article D514-13
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…
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Showing 2961–2970 of 64611 articles for “Art. al. 5 and D 227-3”
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…
The valuation of items pledged by borrowers is carried out by judicial auctioneers, who are appointed for a renewable term of three years by the director of each municipal credit union.Before making t…
I. - Any person pledging items must sign the deed recording the pledge of these items. This deed shall be drawn up in writing or on another durable medium.II. - The deed formalising the agreement of t…
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 made exclusively in cash and in euros. Judicial auctioneers, or other public or ministerial officers entrusted with sales under the conditions set out in article D. 514-17, are liable to the…
Within the limits set out in Article D. 514-8, the institution may grant a loan for an amount greater than that guaranteed by the judicial auctioneers. If the pledged property is sold at a price lower…
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…
When an item that has been pledged as collateral for a loan is claimed by a person other than the borrower, on the grounds of theft or any other cause, the Caisse remains the receiver of the item, whi…
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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