Fachwort |
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Deutsch | presentation | Grundwort | fehlt |
Fachbebiet | fehlt |
Trennung: | pr|es|entat|ion |
Inhalt | fehlt |
Status: | |
Worttyp | fehlt |
| Section 405 Assignment with presentation of documents |
| BGB 410. 1 The obligor is only obliged to the new obligee to perform in return for the delivery of the document relating to the assignment issued by the previous obligee . Notice of termination or a warning by the new obligee is only ineffective if it occurs without presentation of such a document and if the obligor rejects it without undue delay for that reason . |
| BGB 801. 1 The claim under a bearer bond is extinguished at the end of thirty years after the occurrence of the time stipulated for payment if the document has not been presented to the issuer for redemption prior to the end of thirty years . If presentation occurs , then the claim is statute-barred in two years from the end of the submission period . Presentation is equivalent to judicial assertion of the claims under the document . BGB 801. 2 For interest coupons , annuity coupons and profit share coupons , the period for presentation period is four years . The period of time commences at the close of the year in which the time stipulated for payment occurred . BGB 801. 3 Duration and commencement of the presentation period may be determined differently by the issuer in the document . |
| BGB 802 The commencement and running of the period for presentation , and also limitation , are suspended for the benefit of the applicant by the stoppage of payment . Suspension commences upon the lodging of the application for stoppage of payment ; it ends upon the completion of the public notice procedure and , if the stoppage of payment is ordered before the initiation of the procedure , even if , since the removal of the obstacle to initiation , six months have passed and the application was not made previously . The provisions of sections 206 , 210 and 211 apply to this period with the necessary modifications . |
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