In case of an unintentional loss, partial or total damage of the collateral, the pledgee-creditor shall exercise his right of preference on the insured amount, and where necessary for the secured amount in principal, interest, and other accessories in accordance with the provisions of article 226 of this Uniform Act.
Official translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 28
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 106 of the Acte uniforme révisé portant organisation des sûretés/akn/ohada/act/loi/2010-12-15/aus-2010
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