GOODS ACT 1958 - SECT 70 Pledge for antecedent debt

GOODS ACT 1958 - SECT 70

Where a mercantile agent pledges goods as security for a debt or demand due and owing by 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.

No. 3694 s. 69.