107
=S=> BGB 1253. 1 The pledge is extinguished if the pledgee returns the pledged item to the pledgor or to the owner . A reservation of the continuation of the pledge is ineffective .
=S=> BGB 1253. 2 If the pledged item is in the possession of the pledgor or of the owner , there is a presumption that the pledged item has been returned to him by the pledgee . This presumption also applies if the pledged item is in the possession of a third party who obtained possession , after the creation of the pledge , from the pledgor or the owner .
|
