Trademark Act Article 44Nov. 30, 2016

Entry of pledge in the Register

A creation, change, or extinguishment of a pledge made by the proprietor of a registered trademark shall have no locus standi against any third party unless it is entered in the Register by the Registrar Office.

Where a proprietor creates multiple pledges on his/her trademark right for the purpose of securing multiple creditors’ rights, the ranks of these pledges shall be decided by the order of the entry in the Register.

A pledgee in respect of right in a registered trademark shall not use such trademark unless otherwise licensed by the proprietor thereof.

Same Article Laws

Other Related Laws

Trademark Registration