Page:United States Statutes at Large Volume 51.djvu/296

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES Article 351. -New text: For the recovery of all rights, fines, confiscations and restitutions, the Customs Administration disposes of a general privilege upon the movable patrimony of its debtors. This privilege may be exercised under all circumstances, even in case of bankruptcy and by preference over all debts, except those for the conservation of the subject matter (res), for judicial costs incurred by third parties, and claims benefited by general privilege upon household effects. It has first claim on sums deposited by the debtors as a preliminary to an opposition or appeal. Article 351 his, new.- The bondsman who pays to the Customs the amount guaranteed is subrogated in the rights, privileges and mortgages of the Administration. Furthermore, the Customs may, without the consent of the debtor, cede or transfer to any third party, even to joint debtors and even when the right may be doubtful or the object of judicial action, any debt which is due to it by any right whatsoever, and may confer upon the grantee or beneficiary subrogation in its rights, privileges and mort- gages against the debtor and his bondsman. The subrogation granted by the Customs shall be exercised always for the benefit of the titular owner in the same conditions under which the Administration would exercise it. In any case, the person subrogated enters into the rights, privileges and mortgages of the Administration after payment into the funds of the Customs of the amount of the obligation. The quality of subrogation is established, without further formality, by the receipt delivered by the Customs which defines the conditions and limits of the subrogation. ARTICLE 2. -The Secretary General and the Inspector General of Customs are charged, each within his own province, with the execution of the present decree. BEIRUT, March 27, 1937. The Secretary General, The High Commissioner, MEYRIER D. DE MARTEL Economic Adviser of the High For the FinancialAdviser of Commission, the High Commission, RECLUS ROUCOLLE Legislative Adviser, Inspector General of Customs, A. MAZAS Roux

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