Arrêté ministériel du 6 mars 2023 autorisant Wells Fargo Bank, N.A., dont le siège social est à Houston (Etats-Unis d’Amérique), à se faire consentir des gages sur fonds de commerce. | http://data.legilux.public.lu/eli/etat/adm/amin/2023/03/06/b810/jo — Luxembourg law | Esheria

Arrêté ministériel du 6 mars 2023 autorisant Wells Fargo Bank, N.A., dont le siège social est à Houston (Etats-Unis d’Amérique), à se faire consentir des gages sur fonds de commerce.

This ministerial order authorizes Wells Fargo Bank, N.A. to obtain pledges over business assets in Luxembourg.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Luxembourg
Instrument
Order
Citation
http://data.legilux.public.lu/eli/etat/adm/amin/2023/03/06/b810/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
View official record ↗
business pledges collateral commercial pledges interest rate limits loan contracts official journal publication secured transactions

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Statute overview

About this statute

This ministerial order authorizes Wells Fargo Bank, N.A. to obtain pledges over business assets in Luxembourg. Wells Fargo Bank, N.A. may have commercial pledges over business assets, subject to Article 2 conditions. Interest on foreign-currency and EUR loans is capped, and a penalty clause may not worsen the debtor’s position for late repayment. This article states that the order will be published in Luxembourg’s official journal.