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Property Mortgaged Removal Personal Article Sale Pledge Elements

Front ARTICLE 319. REMOVAL, SALE OR PLEDGE OF MORTGAGED PROPERTY

A. Removal of Mortgaged Property

Elements:
Back 1. That personal property is mortgaged under Chattel Mortgage Law;

2. That the offender knows that such property is so mortgaged;

3. That he removes such mortgaged personal property to any province or city other than the one in which it was located at the time of the execution of the mortgage;

4. That the removal is permanent;

5. That there is no written consent of mortgagee, executors, administrators or assigns to such removal.

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