The item pledged shall be capable of delivery at the time of the pledge and suitable for sale by public auction.
Interpretation and application must be checked against the official text and current version.
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Book Four: Real Securities · Section Two: Possessory Pledge · Chapter One: Definition and Creation of a Possessory Pledge
The item pledged shall be capable of delivery at the time of the pledge and suitable for sale by public auction.
Interpretation and application must be checked against the official text and current version.