Status requires review — We have not verified this source's current status.
Structural division: Book Three › party › CHAPTER FOUR › SECTION ONE
Article 143 — Mortgage Possible
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ A business may be mortgaged.
2/ Mortgage of a business flows from the law or a contract.
3/ Any mortgage, whether legal or contractual, may not be invoked against third parties unless it is registered pursuant to the relevant law.
4/ The provisions of this law shall apply to mortgage established on business without prejudice to special rules embodied in relevant laws concerning the establishment of security rights over movable property.