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English to German translations [PRO] Bus/Financial - Finance (general) / law on negotiable instruments
English term or phrase:take for value
It's been a long day and somehow I can't come up with a decent translation for this bit:
Unless otherwise provided in this article or Article 4 of this title, an unauthorized signature is ineffective except as the signature of the unauthorized signer in favor of a person who in good faith pays the instrument or takes it for value.
From § 11-3-403 O.C.G.A. of the State of Georgia about negotiable instruments.
btw, am I right that "title" here means "Gesetz"?
Danke. Der gr. Eichborn steht auch in meiner Bibliothek, wird allerdings immer schmählich zu Gunsten Dietl/Lorenz ignoriert, was diesmal eindeutig die falsche Entshceidung war ..... 4 KudoZ points were awarded for this answer