Where the pledge is possessory, the settlor may demand the return of the collateral without
prejudice to a claim in damages,where the creditor or the third party agreed upon fails to take
proper care of the collateral.
Where the pledge is non-possessory the creditor may rely on the expiration of the time limit for
payment of the secured debt or ask for additional security where the settlor fails to take
appropriate steps for the preservation of the pledge.
Official translation
Spot-checked
In force from 15 December 2010
Source page 29