+7 (495) 221 31 46Discuss a matterUAE Civil Transactions Law
Book Four: Real Securities · Section Two: Possessory Pledge · Chapter Two: Effects of the Possessory Pledge · Part One: Effects of the Possessory Pledge between the Contracting Parties · First: Effects of the Possessory Pledge with Respect to the Pledgor
The pledgor shall guarantee the safety of the pledged property and may not perform any act that diminishes its security or prevents the pledgee from exercising their rights.
Interpretation and application must be checked against the official text and current version.