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Article L228-81 of the French Commercial code

Securities in rem and assignments by way of guarantee constituted subsequent to the issue of the bonds are constituted by the company on behalf of the bondholders’ group. They are accepted by the representative of the bondholders’ group.

Original in French 🇫🇷
Article L228-81

Les sûretés réelles et cessions à titre de garantie constituées postérieurement à l’émission des obligations le sont par la société pour le compte de la masse des obligataires. Elles sont acceptées par le représentant de la masse.

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