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Mostrando las entradas etiquetadas como COLOMBIAN COMERCIAL CODE CONTRACTS CORPORATE OBLIGATIONS SALE SWAP

Colombian Commercial Code - Decree 410 of 1971 - Book IV - Of Contracts and Corporate Obligations - Part II - Sale and Swap - Chapter I - General - From: Section 905 By: Art 910

COLOMBIAN COMMERCIAL CODE TITLE II THE SALE AND EXCHANGE CHAPTER I Overview Article 905 .- The sale is a contract whereby one party agrees to convey ownership of a thing and the other to pay in cash. The money the buyer gives the thing sold is called the price. When the price consists partly in money and partly something else, means nothing if the swap is worth more than money, and selling in the opposite case. For purposes of this paper as equivalent to money securities credit content and representative of common credit money. Article 906 .- May not be purchased directly or through third parties, or even at public auction, the following: 1. The spouses are not divorced, nor the father and son family together; 2. Those who by law or by act of public authority administering property of others, such as custodians, trustees, kidnapping, etc.. In respect of assets under administration; 3. The trustees or executors, for goods that are subject t...