# Decision of the European Central Bank of 14 November 2008 on the implementation of Regulation ECB/2008/11 of 23 October 2008 on temporary changes to the rules relating to eligibility of collateral (ECB/2008/15) (2008/874/EC), Article 2: Mobilisation techniques for syndicated loans

Extent: E+W+S+N.I.

1. An NCB shall mobilise syndicated loans directly from its relevant counterparty in accordance with its respective domestic procedures for credit claims. The mobilisation agreement shall be governed by the law of a Member State belonging to the euro area.
2. Chapter 6.6 of the General Documentation shall not apply to the mobilisation of syndicated loans.

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Source: https://www.legislation.gov.uk/eudn/2008/15/article/2 (the official version)
Page: https://openlegislation.uk/eu-decision-2008-15/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

