SECTION 59

In the decision to open reorganization and assets liquidation proceedings, or in a subsequent decision, the competent court may order the affixing of seals on cash boxes, safes, portfolios, books, documents, objects, storages and debtor’s counters and, in the case of a legal entity with P. 54 of 139 members jointly and severally liable, on each member’s assets. The affixing of seals may also be ordered on the assets of the legal entity’s top executives. The register shall send, without delay, the notice of the receiver’s decision. Even before such decision is taken, but only in case the debtor disappears or embezzles part or all his assets, the president of the competent court may appoint, among its members, either ex officio or at the request of one or several creditors, a judge who shall affix the seals. The receiver or the appointed judge shall give, without delay, notice of the affixing of seals to the president of the court which gave the order.