Lex Cameroon

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Machine interpretation of the French question — to understand, never to cite

In what case can the security for a third party provided for in article 4 paragraph 3 be used to guarantee the parent company's loan with the subsidiary's claims?

Determining whether the guarantee is legally valid avoids a nullity of the loan contract.

Produced by a model, unverified. The original question, in French, is what stands. The evidence below is in its original language.

The provision in question

Evidence (original language)

Le commentaire cite l’article 4 alinéa 3 comme base de la première hypothèse de cession de créances à titre de garantie.

Whether a parent company can assign or pledge its subsidiary's receivables to secure its own loan within the OHADA space, and under what conditions such an operation is legally feasible. · OHADA.com Doctrine

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