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Art. 773

210CCFederal ActJan 1, 1912Original source
  1. A usufruct of debts entitles the usufructuary to retain the realised revenue.
  2. Notices of termination to the debtor and dispositions relating to securities subject to a usufruct must be made jointly by the creditor and the usufructuary; notices of termination by the debtor must be addressed to both.
  3. If a debt is at risk, the creditor and the usufructuary have a mutual right to request each other’s consent to such measures as are required to ensure diligent administration.

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