The fiduciary transfer of a sum of money shall mean the agreement whereby a settlor transfers funds as security for the performance of an obligation.
The said funds shall be entered into a blocked account opened in the name of the creditor in the books of an approved finance company.
Official translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 25
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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