Civil Code (Cap. 16), article 971

971. (1) Subject to any other provision contained in the Commercial Code , any minor who has attai ned the age of fourteen years, and is not subject to parental authority, nor provided w ith a curator, may not alienate or hypothecate his immovable property without the authority of the competent court. (2) Such minor may, however, enter into other obligations, saving, in regard to such obligations, any rescissory action wh ich, on the ground of lesion, may be competent to him under the provisions of articles 1214 to 1219. Minor over sixteen (16) years may open and operate an account with a credit institution or a financial institution. Added by: XXI.1993.76. Substituted by: XXX.2024.2.