Article L531-1 of the French Code of civil enforcement procedures
November 8, 2023
Real estate, business assets, shares and securities may be pledged as security.
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.
Judicial sureties are enforceable against third parties from the date of completion of the publication formalities prescribed by decree of the Conseil d’Etat.
Provisional advertising ceases to have effect if, within a period set by decree, it has not been confirmed by definitive advertising.
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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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Call +33 (0) 1 84 88 31 00 or send us an email.
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