If the price is not distributed within a period set by regulation, its payment or deposit has all the effects of a payment to the debtor in respect of the share of the sale price that will be remitted to the creditors after distribution.
Home | French Legislation Articles | French Code of civil enforcement procedures | Legislative part | BOOK III: SEIZURE OF PROPERTY | TITLE III: PRIZE DISTRIBUTION | Chapter IV: Common provisions | Article L334-1 of the French Code of civil enforcement procedures
If the price is not distributed within a period set by regulation, its payment or deposit has all the effects of a payment to the debtor in respect of the share of the sale price that will be remitted to the creditors after distribution.
Si la distribution du prix n’est pas intervenue dans un délai fixé par voie réglementaire, son versement ou sa consignation produit, à l’égard du débiteur, tous les effets d’un paiement à hauteur de la part du prix de vente qui sera remise aux créanciers après la distribution.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
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Paris Bar Registration n° (Toque) C2396
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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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