The third party agreed upon and where necessary, the party who in bad faith purchases the collateral and the pledgee-creditor shall be jointly and severally liable for the nonperformance of the obligations mentioned in articles 103, 108 (1) and 111 of this Uniform Act.
Official translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 29
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 112 of the Acte uniforme révisé portant organisation des sûretés/akn/ohada/act/loi/2010-12-15/aus-2010
Report an error in this text
AI features are in beta
Where an official English or French text exists, we show it; where none does, we give
a translation, clearly marked as one and never presented as the official text. We make
every AI feature as accurate as we can, but it can be wrong and is not legal advice —
always check the cited official text.