Article 1960 of the French Civil Code
The depositary in charge of the sequestration can only be discharged before the dispute is over, with the consent of all the interested parties, or for a cause deemed legitimate.
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The depositary in charge of the sequestration can only be discharged before the dispute is over, with the consent of all the interested parties, or for a cause deemed legitimate.
The court may order the sequestration: 1° Of movables seized from a debtor; 2° Of an immovable or movable thing, the ownership or possession of which is in dispute between two or more persons; 3° Of things which a debtor offers for his release.
The establishment of a judicial custodian produces reciprocal obligations between the seizing party and the custodian. The custodian must take reasonable care to preserve the effects seized. He must represent them either in discharge of the distrainor for the sale, or to the party against whom the executions have been made, in the event of release of the seizure. The distrainor’s obligation consists of paying the custodian the salary fixed…
Judicial sequestration is given either to a person agreed between the interested parties or to a person appointed ex officio by the judge. In either case, the person to whom the thing has been entrusted is subject to all the obligations entailed by conventional sequestration.
The law grants no action for a gambling debt or for the payment of a bet.
Games suitable for practising the use of weapons, foot or horse races, chariot races, the game of palms and other games of the same nature which have to do with skill and the exercise of the body, are excepted from the preceding provision. Nevertheless, the court may reject the claim when the sum appears excessive.
In no case may the loser repeat what he has voluntarily paid, unless there has been fraud, deceit or swindle on the part of the winner.
A life annuity may be constituted for a sum of money, or for an appreciable movable thing, or for an immovable.
It may also be set up, purely gratuitously, by donation inter vivos or by will. In this case, it must comply with the formalities required by law.
In the case of the preceding article, the life annuity is reducible if it exceeds what it is permitted to dispose of; it is void if it is for the benefit of a person incapable of receiving.
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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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