Si transcurridos veinte (20) días después de vencido el plazo de una obligación garantizada con prenda el deudor no la hubiere cancelado, podrá el Banco, previo aviso al deudor, hacer rematar la prenda en un martillo, debiendo entregar al prestatario lo que sobre deducido del producto del remate el capital, intereses y gastos.
Ley 30 de 1922 →In force
Article 18
Ley 30 de 1922 · orgánica del Banco de la República
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Text of the article
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Constitutional history
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