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Article L142-5 of the French Commercial code

The ranking of pledged creditors among themselves is determined by the date of their registrations. Creditors registered on the same day compete with each other.

Original in French 🇫🇷
Article L142-5

Le rang des créanciers nantis entre eux est déterminé par la date de leurs inscriptions. Les créanciers inscrits le même jour viennent en concurrence.

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