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360.

The duration of the pledge of an immovable may not exceed ten years. If a longer period is fixed, it is to be reduced to ten years.

The pledge of an immovable may be renewed, but not for more than ten years from the time of renewal.

361.

In addition to the provisions of this Section, the provisions of the next Chapter apply correspondingly to the pledge of an immovable.

Section IV.
The Pledge of a Right.

362.

Any property right may be the subject of a pledge.

In addition to the provisions of this Section, the provisions of the last three Sections apply correspondingly to such a pledge.

363.

When an obligation is pledged which is evidenced by a written instrument, the pledge is effected by the delivery of the instrument.

364.

When an obligation in favour of a specified person is

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