Article L531-1 of the French Code of civil enforcement procedures
Real estate, business assets, shares and securities may be pledged as security.
Home | French Legislation Articles | French Code of civil enforcement procedures | Legislative part | BOOK V: PRECAUTIONARY MEASURES | TITLE III: JUDICIAL SURETIES | Chapter I: General provisions
Real estate, business assets, shares and securities may be pledged as security.
Assets subject to a court-ordered security interest may still be disposed of. The price is paid and distributed in accordance with the conditions laid down by decree of the Conseil d’Etat. However, in the event of the sale of securities registered in an account held and managed by an authorised intermediary, the price may be used to acquire other securities which are then subrogated to the securities sold.
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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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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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