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Structural division: Book Three › party › CHAPTER FOUR › SECTION FOUR
Article 153 — Scope of Mortgage
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ The mortgage charges the business in its condition at the time of attachment, whatever the importance or value of its parts at that time.
2/ The mortgage shall apply to such parts only of the business as are expressly specified in the entry made in the register.