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Article 2326 of the French Civil Code

A security interest may be created over the assets of a legal person governed by private law by virtue of powers resulting from deliberations or delegations drawn up under private signatures, even though the security interest must be created by an authenticated deed.

Original in French 🇫🇷
Article 2326

Une sûreté réelle peut être constituée sur les biens d’une personne morale de droit privé en vertu de pouvoirs résultant de délibérations ou délégations établies sous signatures privées alors même que la constitution de la sureté doit l’être par acte authentique.

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