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Article L143-18 of the French Commercial code

If the security from which the registered lien or pledge arises is to order, negotiation by way of endorsement entails the transfer of the lien or pledge.

Original in French 🇫🇷
Article L143-18

Si le titre d’où résulte le privilège ou le nantissement inscrit est à ordre, la négociation par voie d’endossement emporte la translation du privilège ou du nantissement.

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