Lex Cameroon

Acte uniforme révisé portant organisation des sûretés › Title 1 › Chapter 6

SECTION 182

Any creditor who holds a special lien shall have a right of preference over any asset legally transferred to him as a base which he shall exercise upon distraint in conformity with the measures provided for in article 226 below. As long as the insured amount of the asset is unpaid the right of preference may also be exercised by subrogation of that amount where the asset has perished or disappeared.
Official translation Spot-checked In force from 15 December 2010 Source page 43

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Texte français

This provision has no official French version. You can read an unofficial machine translation — for understanding only, never to quote.

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Section 182 of the Acte uniforme révisé portant organisation des sûretés /akn/ohada/act/loi/undated/aus-2010
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