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BGB 1232 The pledgee is not obliged to surrender the pledged item to a pledgee who is lower-ranking than himself for the purpose of sale . If he is not in possession of the pledged item , then he may not , unless he himself handles the sale , object to sale by a lower-ranking pledgee .
Level:
Leistung:
fehlt
Status:
Englisch
BGB 1232
The
pledgee
is
not
obliged
to
surrender
the
pledged
item
to
a
pledgee
who
is
lower-ranking
than
himself
for
the
purpose
of
sale
.
If
he
is
not
in
possession
of
the
pledged
item
,
then
he
may
not
,
unless
he
himself
handles
the
sale
,
object
to
sale
by
a
lower-ranking
pledgee
.