Except otherwise provided, the pledgee-creditor may neither use the collateral nor derive any benefit therefrom. Where he has authority to derive benefit there from, he shall charge such benefit on the interest he is entitled to or, failing this, on the capital of the debt.
Official translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 28
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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Section 103 of the Acte uniforme révisé portant organisation des sûretés/akn/ohada/act/loi/2010-12-15/aus-2010
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