Caducation (forteiture of papers)

The declaration of invalidity of a security and especially of a share. – A share can also be declared null and void without a court ruling if, for example, the holder fails to make the outstanding full payment despite being duly requested to do so. – See mortification.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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