The pledge of partnership rights and transferable securities shall confer on the creditor:
- The right to pursue the collateral in the possession of any third party which shall be exercised in conformity with the provisions of article 97(2) of this Uniform Act;
- The right to the realization of a pledge which shall be exercised in conformity with the provisions of articles 104 and 105 of this Uniform Act;
- Right of preference which shall be exercised in conformity with the provisions of article 226 of this Uniform Act;
- The right to reap benefits from shares and pledged transferable securities where the parties so agree.
Official translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 35
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 144 of the Acte uniforme révisé portant organisation des sûretés/akn/ohada/act/loi/2010-12-15/aus-2010
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