UAE Civil Transactions Law

Article 1391

Book Four: Real Securities · Section Two: Possessory Pledge · Chapter Three: Special Provisions for Certain Possessory Pledges · Part Three: Pledge of Debts

The pledgee creditor shall preserve the pledged debt. If they have the right to collect any part of this debt without the intervention of the pledger, they shall collect it at the time and place designated for performance and shall notify the pledger thereof.

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