Where, following the contract, the pledgor is not in possession of the collateral, the pledgee-
creditor may, subject to the application of article 107 (2) of this Uniform Act invoke his possessory lien on the collateral directly or through the instrumentality of the third party agreed upon until full payment of the principal, interest and other accessories of the secured debt.
Official translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 27
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 99 of the Acte uniforme révisé portant organisation des sûretés/akn/ohada/act/loi/2010-12-15/aus-2010
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