French Civil CodeIn force
Chapter II: Pledging of tangible movable property
Article 2350
…cautionary measure, entails special allocation and preferential right within the meaning of Article 2333.
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Showing 61–70 of 2859 articles for “Art. 23 févr. 1994”
…cautionary measure, entails special allocation and preferential right within the meaning of Article 2333.
After notification, the pledged creditor enjoys a right of retention on the pledged claim and has the sole right to its payment both in principal and interest. The pledged creditor, like the pledgor,…
Other than those provided for by special laws, preferential claims on the generality of immovable property are: 1° Legal costs, on condition that they have benefited the creditor to whom the lien is o…
The creditor collects the fruits of the property assigned as security with the obligation to set them off against the interest, if any is due, and subsidiarily against the principal of the debt. He is…
The rights of a creditor holding a right of pledge on immovable property are extinguished in particular:1° By the extinction of the principal obligation;2° By the early restitution of the immovable pr…
A mortgage is the assignment of a property as security for an obligation without dispossessing the person who sets it up.
When a guarantee of future debts terminates, the guarantor remains liable for debts arising previously, unless otherwise agreed.
A security interest is the allocation of an asset or a group of assets, present or future, to the preferential or exclusive payment of the creditor.
The object of the pledge may be movable fixed assets by destination. The order of preference between the mortgagee and the pledgee is determined in accordance with Article 2419.
Where the non-possessory pledge relates to fungible things, the pledgor may, unless otherwise agreed, dispose of them on condition that he replaces them with the same quantity of equivalent things.
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