Where the settlor has the option of disposing of the pledged assets under the conditions provided for in Articles 2341 or 2342, the goods acquired in replacement are automatically included in the basis of the pledge.
Home | French Legislation Articles | French Civil Code | Book IV: Securities | Title II: Security interests | Subtitle II: Security interests in movable property | Chapter II: Pledging of tangible movable property | Article 2342-1 of the French Civil Code
Where the settlor has the option of disposing of the pledged assets under the conditions provided for in Articles 2341 or 2342, the goods acquired in replacement are automatically included in the basis of the pledge.
Lorsque le constituant a la faculté d’aliéner les biens gagés dans les conditions prévues par les articles 2341 ou 2342, les biens acquis en remplacement sont de plein droit compris dans l’assiette du gage.
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75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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