2700. A movable hypothec on property that is not alienated in the ordinary course of business of an enterprise and that is not registered in a file opened under the description of the property is preserved by filing a notice of preservation of hypothec in the register of personal and movable real rights.
The notice shall be registered within 15 days after the creditor is informed in writing of the transfer of the property and the name of the purchaser, or after he consents in writing to the transfer. The creditor transmits a copy of the notice to the purchaser within the same time.
The notice shall indicate the name of the debtor or grantor and of the purchaser and contain a description of the property.
1991, c. 64, a. 2700; 1998, c. 5, s. 10; I.N. 2014-05-01.