The Court Registrar shall ascertain the conformity of the form to the security deed presented.
He shall then enter it in the in coming register and, at the same time:
1°) refer to the entry in the individual file opened in the name of the company whose shares
have been pledged;
2°) file the deeds and a copy of the declaration that was given to him in the file kept in the name
of the corporate person whose shares have been pledged;
3°) give to the declarant the second copy of the declaration with mention of the date and the
number of the registration.
The third and fourth copies of the declaration shall be forwarded to the National Register which
shall then send one of them to the Regional Register.
Section 2
Pledge of business and registration of the Vendor’s lien over the business
Official translation
Spot-checked
In force from 17 April 1997
Source page 21