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Article 291 - Protection of third-party purchasers

Comparing 06/01/2010 → 09/12/2011: 0 added, 0 removed, 3 changed Close comparison

The following law shall be applicable where, by an act concluded after the adoption of a reorganisation measure or the opening of winding-up proceedings, an insurance undertaking disposes, for consideration, of any of the following:

(a)((a)) in regard to immovable assets, the law of the Member State where the immovable property is situated;

(b)((b)) in regard to ships or aircraft subject to registration in a public register, the law of the Member State under the authority of which the register is kept;

(c)((c)) in regard to transferable or other securities, the existence or transfer of which presupposes entry in a register or account laid down by law or which are placed in a central deposit system governed by the law of a Member State, the law of the Member State under the authority of which the register, account or system is kept.

Official text · consolidated version 09/12/2011 (no longer in force) Open full page ↗
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