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Home/Legislation/Factors (Mercantile Agents) Act 1923/8

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Factors (Mercantile Agents) Act 1923

8Pledge for antecedent debt

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#### 8 Pledge for antecedent debt 8 Pledge for antecedent debt > Where a mercantile agent pledges goods as security for a debt or liability due from the pledgor to the pledgee before the time of the pledge, the pledgee shall acquire no further right to the goods than could have been enforced by the pledgor at the time of the pledge.

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Section 8 - Factors (Mercantile Agents) Act 1923 - Pledge for antecedent debt — Zoe