Civil Code · English · 2015
Article 2170
Sale by Pledgee
(1)
Where he is not paid on the date of exigibility and he has drawn up a protest in accordance with the provisions of the Commercial Code regarding bills of exchange, the holder of the voucher may cause the goods to be sold eight days after payment becomes due.
#(2)
An endorser who has of his own free will paid the holder of the voucher shall be subrogated to the holder’s rights.
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