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Structural division: books › CHAPTER FOUR › SECTION TWO
Article 763 — Interest not to Run
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ With the exception of claims secured by mortgage, the interest on claims of creditors in bankruptcy shall cease to run as of the date of the judgment opening bankruptcy proceedings.
2/ Only sums arising from property given as security may be used to pay interest on secured debts.