Under pain of nullity, partnership rights and transferable securities shall be in writing and shall contain the following information:
1°) the designation of the creditor, debtor, and settlor of the pledged sum where he is different from the debtor;
2°) the head office and the registration number in the Trade and Personal Property Rights Register of the legal person issuing the partnership rights and transferable securities;
3°) the number or the means of determining this number and where necessary, the serial numbers of the collaterals;
4°) the elements permitting the identification of the secured debt such as its amount or valuation, duration and settlement date.
Official translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 34
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 141 of the Acte uniforme révisé portant organisation des sûretés/akn/ohada/act/loi/2010-12-15/aus-2010
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