Arrêté ministériel du 31 mars 2009 autorisant la BANQUE CANTONALE VAUDOISE, dont le siège social est à Lausanne, à se faire consentir des gages sur fonds de commerce. | http://data.legilux.public.lu/eli/etat/leg/amin/2009/03/31/n2/jo — Luxembourg law | Esheria

Arrêté ministériel du 31 mars 2009 autorisant la BANQUE CANTONALE VAUDOISE, dont le siège social est à Lausanne, à se faire consentir des gages sur fonds de commerce.

This ministerial order authorizes BANQUE CANTONALE VAUDOISE to be allowed 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/leg/amin/2009/03/31/n2/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
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authorization business financing business pledges collateral commission caps interest rates loan contract clauses publication

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Statute overview

About this statute

This ministerial order authorizes BANQUE CANTONALE VAUDOISE to be allowed to obtain pledges over business assets in Luxembourg. The Banque Cantonale Vaudoise is authorized to receive pledges on business assets, subject to the conditions in article 2. Interest on foreign-currency and EUR loans is capped, and a penalty clause that worsens the borrower’s position for late repayment is forbidden. This article states that the order will be published in the Mémorial, Recueil Administratif et Economique.