5
In forcePledge for antecedent debt
Part 2Dispositions by mercantile agents
5 Pledge for antecedent debt
When a mercantile agent pledges goods as security for a debt or liability due from the pledgor to the pledgee before the time of the pledge, the pledgee shall acquire no further right to the goods than could have been enforced by the pledgor at the time of the pledge.
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