Subject to the special provisions relating to the law on commercial companies and the corporate
persons concerned, a conventional or judicial pledge may only be binding on third parties to the
extent and following the conditions provided for by articles 51 to 66 above if it is registered in
the Trade and Personal Property Rights Register.
The provisional or final registration shall be done respectively, after the decision authorizing
the pledge and after the decision validating it has become final.
Besides the aforementioned registration, a conventional or judicial pledge may be served
ornotified on the commercial company or on the corporate person issuing the partnership rights
and transferable securities or title-deeds acknowledging the partnership rights.
Official translation
Spot-checked
In force from 15 December 2010
Source page 35