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Part 2 · Opening of insolvency proceedings. Recognised assets and parties to proceedings  ›  Division 2 · Insolvency estate. Classification of creditors › Section 44a

Secured loans

In insolvency proceedings concerning the assets of a company, a creditor may, in accordance with section 39 (1) no. 5, only request proportionate satisfaction from the insolvency estate for a claim for restitution of a loan or for a claim of equal rank for which a partner has provided security or for which that partner is liable as guarantor insofar as that partner is no longer able to claim the security or to be liable as guarantor.

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