Any secured creditor who is holder of an unquestionable liquid and due claim may, concerning
any financial bond and any sum of money appearing in the pledged account, after notice is served
personally or by registered mail on the debtor, liquidate the security within eight days or at the
expiration of any other time limit he and the holder of the account had beforehand agreed upon.
The said notice shall also be served on the settlor of the pledge where he is not the debtor and
to the keeper of the account where he is the secured creditor of the pledged debt.
Official translation
Spot-checked
In force from 15 December 2010
Source page 36