The initial registration shall be renewed under the same conditions it was made.
Any valid renewal shall be binding on third parties from the date of entry in the chronological register of the Trade and Personal Property Right Register. The claimant shall retain the benefits of such registration where the renewal is made before the expiration of the initial registration.
An attestation of renewal containing the date of registration and its number in the chronological deposit register of the Trade and Personal Property Right Register shall forthwith be given to the claimant.
Official translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 20
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 59 of the Acte uniforme révisé portant organisation des sûretés/akn/ohada/act/loi/2010-12-15/aus-2010
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