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Article L142-1 of the French Commercial code

Businesses may be pledged, without any conditions or formalities other than those prescribed by this Chapter and Chapter III below.

The pledge of a business does not give the pledged creditor the right to have the business assigned to him in payment and up to the due amount.

Original in French 🇫🇷
Article L142-1

Les fonds de commerce peuvent faire l’objet de nantissements, sans autres conditions et formalités que celles prescrites par le présent chapitre et le chapitre III ci-après.

Le nantissement d’un fonds de commerce ne donne pas au créancier nanti le droit de se faire attribuer le fonds en paiement et jusqu’à due concurrence.

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