Arrêté ministériel du 29 mars 1952, pris en exécution de l'article 12 de l'arrêté grand-ducal du 27 mai 1937 sur la réglementation de la mise en gage du fonds de commerce, et autorisation la Société Anonyme SOFIBEL, société belge de financement, à se faire consentir des gages sur fonds de commerce. | http://data.legilux.public.lu/eli/etat/leg/amin/1952/03/29/n1/jo — Luxembourg law | Esheria

Arrêté ministériel du 29 mars 1952, pris en exécution de l'article 12 de l'arrêté grand-ducal du 27 mai 1937 sur la réglementation de la mise en gage du fonds de commerce, et autorisation la Société Anonyme SOFIBEL, société belge de financement, à se faire consentir des gages sur fonds de commerce.

This ministerial order says SOFIBEL is authorized to seek approval to have pledges granted over business goodwill.

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

Jurisdiction
Luxembourg
Instrument
Order
Citation
http://data.legilux.public.lu/eli/etat/leg/amin/1952/03/29/n1/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
View official record ↗
business financing commercial pledges fees interest rate caps late payment loan terms security interests

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Statute overview

About this statute

This ministerial order says SOFIBEL is authorized to seek approval to have pledges granted over business goodwill. SOFIBEL is allowed to have pledges taken on business assets, subject to article 2. Loan interest is capped at 6% per year, any eventual commission is capped at 0.5% and cannot be renewed, and a penalty clause may not worsen the debtor’s position for late repayment of principal or interest. This article says the present order will be published in the Mémorial.