The objection lodged by any creditor of the seller must be served by the bailiff or by any means showing actual receipt to:
1) the notary or the designated banking institution asescrow;
2) the buyer at his address as indicated in the deed;
3) At the court clerk or the competent body in the State partyoverseeing the Register of Commerce and Securities where the seller is registered; the court clerk or the competent body in the State party shall proceed with the inclusion of this objectionin the Registerof Commerce and Securities.
The objection act shall state, in addition to the identification of the objecting creditor,theamountandcausesoftheclaim,andthe elected domicile in the jurisdiction where is kept the Register of Commerce and Securities.
Formalities so chargeable to the objecting creditor by this Article shall besatisfiedunder penalty of nullity of his objection.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 51
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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