The pledge shall be indivisible notwithstanding the possibility of sharing the debt between the heirs of the debtor or those of the creditor.
As long as the whole debt is not fully paid any heir of the debtor who has paid his portion of the said debt may not demand any portion of the collateral even where the said collateral may be divisible by nature.
Any heir of the creditor who shall receive his portion of the debt may not return any part of the collateral to the detriment of the co-heirs who shall not have been paid even where the said collateral shall be divisible by nature.
Official translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 29
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 114 of the Acte uniforme révisé portant organisation des sûretés/akn/ohada/act/loi/2010-12-15/aus-2010
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