Where authorized by the receiver, the trustee may, when reimbursing the debt, withdraw for the
benefit of the union, the pledge, collateral security or contractual retention charge formed on a
debtor's asset.
Where,withinthree (3) months following the assets liquidation judgment, the trustee has not
withdrawn the pledge or collateral security or initiated the sale of the pledge or collateral security,
the pledgee or secured creditor may exercise or recover his right to individual lawsuit and shall
report to the trustee thereon.
The Public Treasury, customs services and security and social insurance agencies shall have the
same right to recover their preferential claims, which they shall exercise under the same
conditions as the pledgees and secured creditors.
Paragraph 1: Common provisions for the sale of immovable assets
Unofficial translation
Spot-checked
In force from 10 September 2015
Source page 92