After ascertaining that the form conforms to the pledge agreement filed, the Registry shall
register the pledge as stipulated in Article 49 above.
The form delivered to the declarant after registration shall bear clearly the indication “pledge of
stocks” and the date of issue thereof which shall correspond to the date of entry in the Register.
Any modification by agreement or court order of the pledge agreement shall be entered as an
amendment in the Register under the conditions and in the forms stipulated for the original entry.
Section 5
Preferential rights of the Treasury, the Customs Department and of the Social Security
Institutions
Official translation
Spot-checked
In force from 17 April 1997
Source page 24