RECENT DEVELOPMENTS IN THE LAW OF SECURITIES UNDER OHADA LAW: A LEGAL APPRAISAL
Downloads
Keywords:
securities, OHADA, mortgage, pledgeAbstract
Security law is an essential piece of legislation providing for various guarantees protecting
creditors by securing the enforcement of the debtors' obligations. The revised OHADA
Uniform Act on security law has been adopted on 15 December 2010, but it became effective
in each of the then 16 member states on 16 May 2011i
.The main object of a security is to protect
the creditor against the debtor’s bankruptcy or where the debtor is a body corporate, in the
event of its liquidation. While a security becomes particularly attractive if it further protects
the creditor against the debtor’s fraud, this does not form a major object of the arrangement.
This article explores the changes earmarked in the new Uniform Act in terms of classification
and existing challenges and proposes prospects to meet up with current exigencies within and
out of the OHADA Zone.
External References to this Article
Loading reference data...
Readership Data
Refreshing Cached Analytics Data
The cached analytics data has become stale and journal.thelawbrigade.com is making a fresh request to fetch the latest data from Google Analytics. This may take 20-30 seconds depending on the server response time from Google Analytics. Please do not close the browser during this time. We appreciate your patience.
License Terms
Ownership and Licensing:
Authors of research papers submitted to any journal published by The Law Brigade Publishers retain the copyright of their work while granting the journal specific rights. Authors maintain ownership of the copyright and grant the journal the right of first publication. Simultaneously, authors agree to license their research papers under the Creative Commons Attribution-ShareAlike 4.0 International (CC BY-SA 4.0) License.
License Permissions:
Under the CC BY-SA 4.0 License, others are permitted to share and adapt the work, even for commercial purposes, provided that appropriate attribution is given to the authors, and acknowledgment is made of the initial publication by The Law Brigade Publishers. This license encourages the broad dissemination and reuse of research papers while ensuring that the original work is properly credited.
Additional Distribution Arrangements:
Authors are free to enter into separate, non-exclusive contractual arrangements for distributing the published version of the work (e.g., posting it to institutional repositories or publishing it in books), provided that the original publication by The Law Brigade Publishers is acknowledged.
Online Posting:
Authors are encouraged to share their work online (e.g., in institutional repositories or on personal websites) both prior to submission and after publication. This practice can facilitate productive exchanges and increase the visibility and citation of the work.
Responsibility and Liability:
Authors are responsible for ensuring that their submitted research papers do not infringe on the copyright, privacy, or other rights of third parties. The Law Brigade Publishers disclaims any liability for any copyright infringement or violation of third-party rights within the submitted research papers.
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Copyright © 2026 by Dr. Nwandum Buma Gabriel
The copyright and license terms mentioned on this page take precedence over any other license terms mentioned on the article full text PDF or any other material associated with the article.
