All sums of money paid to the assignee in respect of an assigned debt shall be charged on the secured debt when it matures. Any surplus shall be paid back to the assignor.
Any clause to the contrary shall be disregarded.
Subsection 2
Fiduciary Transfer of Money
Official translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 25
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 86 of the Acte uniforme révisé portant organisation des sûretés/akn/ohada/act/loi/2010-12-15/aus-2010
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