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Dutch to English translations [PRO] Bus/Financial - Investment / Securities
Dutch term or phrase:werkt mede van rechtswege tegenover
Section 86a of the Dutch civil code has the following wording, which sometimes appears in articles of association:
"De levering van een aandeel ... werkt mede van rechtswege tegenover de vennootschap."
Does anyone know what this means?
I believe Cox, Simons and Van den End are right. It is the wording I had tentatively decided on, but was guessing. Will have to look for the lexicon in question. Many thanks. 4 KudoZ points were awarded for this answer