When the debtor lacks sufficient funds to immediately cover expenses incurred with respect to
the decision of reorganization and assets liquidation proceedings, such as, postings and
publication of decisions in a newspaper of legal notices, seals, custody and removal of seals or
exercise of the right of non-opposability, debts settlement, extension of bankruptcy proceedings
and personal bankruptcy of the top executives of legal entities, the Treasury shall give advances
following a decision of the receiver. They shall be reimbursed as a priority on the first
collections, notwithstanding the provisions of articles 166 and 167 hereinafter.
Such provision shall be applicable to the appeal procedure of the decision pronouncing the
reorganization or assets liquidation.
Unofficial translation
Spot-checked
In force from 10 September 2015
Source page 50