A debt that cannot be assigned or attached may not be pledged.
Interpretation and application must be checked against the official text and current version.
TaxUAE Civil Transactions Law
Book Four: Real Securities · Section Two: Possessory Pledge · Chapter Three: Special Provisions for Certain Possessory Pledges · Part Three: Pledge of Debts
A debt that cannot be assigned or attached may not be pledged.
Interpretation and application must be checked against the official text and current version.