Gesamtprokura

English translation: joint power of attorney

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Gesamtprokura
English translation:joint power of attorney
Entered by: Sebastian Witte

11:26 Mar 28, 2020
German to English translations [PRO]
Law/Patents - Law (general) / Extract from the commercial register B - powers of representation
German term or phrase: Gesamtprokura
Hi,

DE:
***Gesamtprokura*** gemeinsam mit einem Geschäftsführer

Is this ***joint general power of attorney***?

I try not to use any wording containing the word procuration. (Ich will "procuration" in der Übersetzung vermeiden).

Thank you,

Best regards,
Sebastian Witte
Germany
Local time: 03:54
collective (or joint) power of attorney
Explanation:
Compare with this:
"Later, other executives received collective power of attorney, which permitted them to make legally binding contracts in the name of the firm, but only with another executive's countersignature." https://books.google.com/books?id=6xQVa3Vs8V4C&pg=PA108&lpg=...

https://www.hk24.de/en/fairplay/business-law/authorizations-...

"Gesamtprokura – alle Personen, denen Prokura erteilt worden ist, müssen zur Vornahme einer Handlung eine Willenserklärung abgeben." https://jdp-law.pl/de/4646/

"Die Erteilung kann, § 48 Abs. 2 HGB, an mehrere Personen gemeinschaftlich erfolgen, so genannte Gesamtprokura. Durch die Gesamtprokura sind in der Regel zwei Prokuristen ermächtigt, die Gesellschaft gemeinsam zu vertreten." http://www.wilde-rechtsanwaelte.de/service/gesellschaftsrech...

Selected response from:

Michael Martin, MA
United States
Local time: 21:54
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3collective (or joint) power of attorney
Michael Martin, MA
Summary of reference entries provided
Previous question
philgoddard

Discussion entries: 3





  

Answers


2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
collective (or joint) power of attorney


Explanation:
Compare with this:
"Later, other executives received collective power of attorney, which permitted them to make legally binding contracts in the name of the firm, but only with another executive's countersignature." https://books.google.com/books?id=6xQVa3Vs8V4C&pg=PA108&lpg=...

https://www.hk24.de/en/fairplay/business-law/authorizations-...

"Gesamtprokura – alle Personen, denen Prokura erteilt worden ist, müssen zur Vornahme einer Handlung eine Willenserklärung abgeben." https://jdp-law.pl/de/4646/

"Die Erteilung kann, § 48 Abs. 2 HGB, an mehrere Personen gemeinschaftlich erfolgen, so genannte Gesamtprokura. Durch die Gesamtprokura sind in der Regel zwei Prokuristen ermächtigt, die Gesellschaft gemeinsam zu vertreten." http://www.wilde-rechtsanwaelte.de/service/gesellschaftsrech...



Michael Martin, MA
United States
Local time: 21:54
Meets criteria
Specializes in field
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 364
Notes to answerer
Asker: Thank you.

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Reference comments


9 mins peer agreement (net): +4
Reference: Previous question

Reference information:
http://www.proz.com/kudoz/german-to-english/law-patents/8057...

I disagree with "procuration".

And have you Googled this? Your question is answered several times in the first page of hits.

philgoddard
United States
Meets criteria
Specializes in field
Native speaker of: English
PRO pts in category: 198

Peer comments on this reference comment (and responses from the reference poster)
agree  writeaway
6 mins
agree  Edith Kelly
1 hr
agree  Adrian MM.: Good ProZ ref. AMM previously known as Kirsty MacC .// - was an incarnation taking a dig at a (non-practising) Scotswoman Solicitor who used to snipe from the wings with admirable, albeit 'quaint' Scots-law points.
5 hrs
  -> And we shall never know why :-) // Thanks for clearing up the mystery.
agree  AllegroTrans: What a hotchpotch of answers
1 day 10 hrs
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