The seller who exerts the resolutory action shall make the notification by an
extrajudicial deed or by any means proving in writing notification to creditors listed on the
enterprise and to their elected residence as per their indication.
He shall also proceed with the provisional entries of his resolutory action in accordance with
the provisions afforded to this effect by the Uniform Act on securities interests.
The cancellation may only be pronounced by the competent court of the place of registration
of the seller of the enterprise.
Anyamicable cancellation agreement of a sale of the enterprise shall be unenforceable
againstthebuyer’s creditors who have filed a lien on the enterprise.
Unofficial translation
Spot-checked
In force from 15 December 2010
Source page 53