(1) Once the factoring contract takes effect, the adherent shall assign to the factor all or part of his eligible and available receivables which are not under a factoring
contract with another factor, or mort-
gaged to a third party. He shall subro-
gate the factor to all his rights, actions or guarantees attached to the assigned receivables.
(2) The assignment referred to in
Official text
Transcription: Machine-parsed
In force from 23-04-2014 (date unconfirmed)Source page 3