1. It is permissible to pledge fruits before their ripening; however, they may not be sold to satisfy the debt unless they have ripened. If the pledgor becomes bankrupt or dies before their ripening, the pledgee shall participate with other creditors in the pro rata distribution in respect of their debt from the other property of the pledgor. 2. If the fruits ripen after the pro rata distribution, they shall be sold, and the pledgee shall be entitled to the price. The pledgee shall return to the creditors all that they had received in the pro rata distribution if its price is equal to their debt. If it is less, the pledgee shall return thereto the excess over what they would have received had the pledgee initially participated in the pro rata distribution for the remainder of their debt after deducting the price of the pledged fruits appropriated by the pledgee.
Interpretation and application must be checked against the official text and current version.