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Structural division: Book Three › party › CHAPTER FOUR › SECTION FOUR
Article 150 — Reduction of the Guarantee
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
Where the debtor reduces or is likely to reduce the value of the business in particular by changing the site of the business, by failing to pay the rent of the premises in which the trade is carried on or by reducing the stocks, any secured creditor may demand that new sureties be produced and, where not produced, may move the court to order that his claim be paid forthwith.