PLEDGING FUTURE RECEIVABLES UNDER THE LAWS OF ARUBA

The pledgor must be authorized to dispose over the receivable
Under the laws of Aruba, a right of pledge can be established on future receivables, provided that such receivables directly result from an existing legal relationship (‘rechtstreeks zullen worden verkregen uit een bestaande rechtsverhouding’).
However, the right of pledge on a future receivable will only be perfected [...]

Filed under: legal by Karel.Frielink
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