{"schemaVersion":1,"recordType":"legal-article","id":"law:eri:code:civil:2015:article:2518","workId":"law:eri:code:civil:2015","expressionId":"law:eri:code:civil:2015:en","title":"Priority Right","number":"2518","language":"en","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2518/","hierarchy":{"book":"BOOK VI - SPECIAL CONTRACTS","title":"TITLE IV - CONTRACTS FOR THE PROVISION OF SECURITY","chapter":"Chapter 2. - Contracts of Pledge","section":"Section 1. - Contracts of Pledge in General","paragraph":"Paragraph 5. - Sale of Pledge"},"paragraphs":[{"id":"p1","number":"1","text":"The pledgee may be paid out of the proceeds of the sale of the pledge before all other creditors.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2518/#p1","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":696,"url":"https://eriatlas.com/sources/civil-code-2015/page/696/?article=2518&paragraph=p1#article-2518-p1"}]},{"id":"p2","number":"2","text":"In addition to the obligation specified in the contract of pledge, the pledge shall secure the contractual interest and legal interest on the obligation and the expenses incurred for the custody, preservation or sale of the pledge.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2518/#p2","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":697,"url":"https://eriatlas.com/sources/civil-code-2015/page/697/?article=2518&paragraph=p2#article-2518-p2"}]}],"caution":"This is the 2015 English-language edition attributed in its front matter to the Ministry of Justice. Eri Atlas has not independently verified the translation, later changes, or whether the text is currently in force. Nine passages are incomplete in the available scan and are identified where they occur."}