Where the account is held by a person not authorized to receive funds from the public, the benefits and produce aforementioned in article 148 of this Uniform act shall be credited in a special account opened in the name of the holder of the pledged account in the books of any institution empowered to receive these funds.
The said account shall be deemed to form an integral part of the pledged account on the date the pledge is declared.
By a simple application the secured creditor may obtain from the holder of the special account an attestation comprising the inventory of sums of all money credited in the said account on that date.
Official translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 36
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 150 of the Acte uniforme révisé portant organisation des sûretés/akn/ohada/act/loi/2010-12-15/aus-2010
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