Law No 2019/024 of 24 december 2019 bill to institute the general code of regional and local authorities
› Book 0 › Title 4 › Chapter 3
SECTION 54 — (1) Securities used as collateral by the board of directors shall be nontransferable.
(2) Securities may only be transferred through a resolution approved under the
same conditions as for their acquisition.
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In force from 24 December 2019
Source page 12
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ARTICLE 54
Contents
Section 54 of the Law No 2019/024 of 24 december 2019 bill to institute the general code of regional and local authorities
/akn/cm/act/loi/2019-12-24/2019-024
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