SECTION 54

Where the pledge concerns stocks, the pledgor shall file the following at the Registry of the court having jurisdiction where the pledgor who owns the stocks is registered: 1°) the original of the pledge agreement if it is a private contract, or a copy where it is an notarized deed or a court decision authorising the creditor to register the pledge; 2°) four copies of a registration form stating: a) the full names, corporate name, residence or registered office of the parties, as well as the registration number of the natural or corporate person who owns the pledged stocks against whom the pledge is registered; b) the nature and date of the filed pledge agreement(s); c) a description of the stocks pledged in order to facilitate their identification; d) the amount of money due on the last day preceding the registration of the pledge and, where applicable, the conditions under which the debt shall be due payment; e) the pledgee’s address of service within the jurisdiction of the court where the Trade and Personal Property Rights Register is kept.