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coupled with an interest

Czech translation: (plná moc) spojená se zájmem/majetkovou účastí

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:coupled with an interest
Czech translation:(plná moc) spojená se zájmem/majetkovou účastí
Entered by: mantarey

09:45 Jun 29, 2017
English to Czech translations [PRO]
Law/Patents - Business/Commerce (general)
English term or phrase: coupled with an interest
the foregoing power of attorney: is coupled with an interest, shall be irrevocable and shall survive the incapacity or bankruptcy of such partner

Nabízí se mi pouze dva překlady: plná moc se zájmem nebo plná moc s majetkovým nárokem.

Anglická definice k nalezení zde: https://definitions.uslegal.com/p/power-coupled-with-an-inte... moc mi to však nepomohlo. Předem děkuji za radu.
mantarey
Czech Republic
Local time: 20:33
(plná moc) spojená se zájmem/majetkovou účastí
Explanation:
plná moc spojená se zájmem/majetkovou účastí na věci/předmětu, kterého se dotýká

"Hence, in order to constitute a power coupled with an interest, the person clothed with it, must derive, under the instrument creating it, or otherwise, a present or future interest in the subject itself, on which the power is to be exercised, and not merely in that which is produced by the exercise of the power. Power coupled with an interest is not held for the benefit of the principal, nor it is irrevocable due to the agent’s interest in the subject matter. For this reason some authorities declare that it is not a true agency power. It is also called as power given as security or proprietary power."

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Note added at 13 Min. (2017-06-29 09:59:14 GMT)
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"By this phrase is meant a right or power to do some act, together with an interest in the subject-matter on which the power is to be exercised.

Law Dictionary: What is POWER COUPLED WITH AN INTEREST? definition of POWER COUPLED WITH AN INTEREST (Black's Law Dictionary)

http://thelawdictionary.org/power-coupled-with-an-interest/
Selected response from:

jankaisler
Local time: 20:33
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1(plná moc) spojená se zájmem/majetkovou účastí
jankaisler


  

Answers


11 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
(plná moc) spojená se zájmem/majetkovou účastí


Explanation:
plná moc spojená se zájmem/majetkovou účastí na věci/předmětu, kterého se dotýká

"Hence, in order to constitute a power coupled with an interest, the person clothed with it, must derive, under the instrument creating it, or otherwise, a present or future interest in the subject itself, on which the power is to be exercised, and not merely in that which is produced by the exercise of the power. Power coupled with an interest is not held for the benefit of the principal, nor it is irrevocable due to the agent’s interest in the subject matter. For this reason some authorities declare that it is not a true agency power. It is also called as power given as security or proprietary power."

--------------------------------------------------
Note added at 13 Min. (2017-06-29 09:59:14 GMT)
--------------------------------------------------

"By this phrase is meant a right or power to do some act, together with an interest in the subject-matter on which the power is to be exercised.

Law Dictionary: What is POWER COUPLED WITH AN INTEREST? definition of POWER COUPLED WITH AN INTEREST (Black's Law Dictionary)

http://thelawdictionary.org/power-coupled-with-an-interest/


    https://definitions.uslegal.com/p/power-coupled-with-an-interest/
jankaisler
Local time: 20:33
Specializes in field
Native speaker of: Czech
PRO pts in category: 170

Peer comments on this answer (and responses from the answerer)
agree  Ivan Šimerka
15 mins
  -> Dík Ivane!
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