LAW OF JULY 9, 1991 REFORMING CIVIL EXECUTION PROCEDURES
LexInter | December 6, 2003 | 0 Comments

LAW OF JULY 9, 1991 REFORMING CIVIL EXECUTION PROCEDURES

The National Assembly and the Senate have adopted,

The President of the Republic promulgates the law, the content of which follows:

Art. 1st. –

Any creditor may, under the conditions provided for by law, compel his defaulting debtor to perform his obligations towards him.

Any creditor can take a precautionary measure to ensure the protection of his rights.

Forced execution and precautionary measures are not applicable to persons who enjoy immunity from execution.

Art. 2. –

The creditor provided with an enforceable title establishing a liquid and exigible debt can continue the enforcement of it on the assets of his debtor under the conditions specific to each execution measure.

 

 

Art. 3. –

The only enforceable titles are:

1 ° The decisions of the courts of the judicial order or the administrative order when they are enforceable;

2 ° Foreign acts and judgments as well as arbitral awards declared enforceable by a decision not liable to a suspensive appeal of execution;

3 ° Extracts from the conciliation minutes signed by the judge and the parties;

4 ° Notarial acts bearing the enforceable form;

5 ° The title issued by the bailiff in the event of non-payment of a check;

6 ° Certificates issued by legal persons governed by public law qualified as such by law, or decisions to which the law attaches the effects of a judgment.

Art. 4. –

The claim is liquid when it is valued in money or when the security contains all the elements allowing its valuation.

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