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BGB 1294 If a bill of exchange , another instrument that may be transferred by endorsement or a bearer instrument is the object of a pledge , then even if the requirements of section 1228 ( 2 ) have not yet been fulfilled , the pledgee is entitled to collection and , if notice is required , to give notice , and the debtor may pay only to the pledgee .
Level:
Leistung:
fehlt
Status:
Englisch
BGB 1294
If
a
bill
of
exchange
,
another
instrument
that
may
be
transferred
by
endorsement
or
a
bearer
instrument
is
the
object
of
a
pledge
,
then
even
if
the
requirements
of
section
1228 ( 2 )
have
not
yet
been
fulfilled
,
the
pledgee
is
entitled
to
collection
and
,
if
notice
is
required
,
to
give
notice
,
and
the
debtor
may
pay
only
to
the
pledgee
.