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BGB 234. 1 Securities are only suitable for the provision of security if they are made out to the bearer , have a market value and are of a kind in which money held in trust for a ward may be invested . Instruments made out to order and endorsed in blank are equivalent to bearer instruments .
BGB 1292 For the pledging of a bill of exchange or any other instrument that may be transferred by endorsement , agreement between the creditor and the pledgee and the delivery of the endorsed instrument are sufficient .
BGB 1814 The guardian must deposit the bearer instruments that are part of the property of the ward , together with the renewal certificates , with a depositary institution or with one of the credit institutions named in section 1807 ( 1 ) no . 5 , subject to the condition that the return of the instruments may be demanded only with the approval of the family court . The deposit of bearer instruments that under section 92 are consumable things , and of interest , annuity or dividend coupons is not necessary . Instruments made out to order and endorsed in blank are equivalent to bearer instruments .
BGB 2116. 1 At the request of the subsequent heir , the prior heir must deposit the bearer instruments that are part of the inheritance together with the renewal coupons with a depositary institution or with the [ Reichsbank ] , with the [ Deutsche Zentralgenossenschaftskasse ] or with the [ Deutsche Girozentrale ] [ ( Deutsche Kommunalbank ) ] subject to the condition that surrender may be required only with the approval of the subsequent heir . The deposit of bearer instruments that under section 92 are consumable things , and of interest , annuity or dividend coupons may not be demanded . Instruments made out to order and endorsed in blank are equivalent to bearer instruments .