District of Columbia § 15-313 Levy on equitable interest in chattels pledged.

District of Columbia Statutes

§ 15-313 — Levy on equitable interest in chattels pledged.

District of Columbia § 15-313

Title 15Judgments and Executions; Fees and Costs. [Enacted title]

Ch. 3Enforcement of Judgments and Decrees.

Subch. ILocal Judgments and Decrees.

This text of District of Columbia § 15-313 (Levy on equitable interest in chattels pledged.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

D.C. Code § 15-313 (2026).

Text

The interest of the debtor in personal chattels lawfully pledged for the payment of a debt or performance of a contract, or held by a trustee, and in which the debtor’s interest is only equitable, may be levied upon in the hands of the pledgee or trustee without disturbing the possession of the latter, and the lien thus obtained may be enforced by civil action. In other cases of equitable interest of the judgment debtor in personal chattels execution may also be levied thereon and the lien thus obtained may be enforced by civil action.

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The interest of the debtor in personal chattels lawfully pledged for the payment of a debt or performance of a contract, or held by a trustee, and in which the debtor’s interest is only equitable, may be levied upon in the hands of the pledgee or trustee without disturbing the possession of the latter, and the lien thus obtained may be enforced by civil action. In other cases of equitable interest of the judgment debtor in personal chattels execution may also be levied thereon and the lien thus obtained may be enforced by civil action.