JurídicoESEN

Article 16

Ley 27 de 1888 · que reforma el Código de comercio

The official text of this article is in Spanish and is shown as published by the Colombian authorities.

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Text of the article

✓Verbatim text as it appears in the provision. Hard data, citable.

Art. 16. Para que el acreedor prendario goce del privilegio enunciado en concurrencia de otros acreedores, se requiere: 1º que el contrato de prenda sea otorgado por escritura pública o en documento privado que tenga fuerza legal; 2º. Que la escritura o documento contenga la declaración de la suma de la deuda y la especie o naturaleza de las cosas empeñadas, o que lleve anexa una descripción de su calidad, peso o medida.

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Constitutional history

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See all of Ley 27 de 1888