Call Us + 33 1 84 88 31 00

Article L142-1 of the French Commercial code

Businesses may be pledged, without any conditions or formalities other than those prescribed by this Chapter and Chapter III below.

The pledge of a business does not give the pledged creditor the right to have the business assigned to him in payment and up to the due amount.

Original in French 🇫🇷
Article L142-1

Les fonds de commerce peuvent faire l’objet de nantissements, sans autres conditions et formalités que celles prescrites par le présent chapitre et le chapitre III ci-après.

Le nantissement d’un fonds de commerce ne donne pas au créancier nanti le droit de se faire attribuer le fonds en paiement et jusqu’à due concurrence.

Need help with this article? Get help from a French lawyer

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.

Useful links

You have a question in French Business Law?

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.

All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.