Print Friendly, PDF & Email

The legitimation clause is the proviso on the registered document that the debtor is entitled to pay to any entitled holder of the document, exempting them from their obligation to pay.

Term-Nr.: 104

German: Legitimationsklausel (507)

Source: LK-Lötscher, 11.05.2020

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.