Vollmacht · authority (power of attorney)
Vollmacht is rendered as authority or as power of attorney, depending on whether it refers to the power itself or to the document that confers it. The English translation of the Code of Obligations mainly says authority. In British usage, an attorney is the holder of a power of attorney, not a lawyer.
Request a demoThe term in four languages
- German
- Vollmacht
- French
- pouvoirs (procuration)
- Italian
- procura
- English
- authority (power of attorney)
Definition
The rights and obligations arising from a contract made by an authorised agent in the name of another person accrue to the person represented. Where the authority is conferred by a legal transaction, its scope is determined by that transaction. The principal may restrict or revoke the authority conferred at any time.
Swiss federal acts are published in German, French and Italian, and all three versions are equally authoritative. The English term shown here comes from the Federal Administration's English translation, published on Fedlex for information only. Where there is no translation, it follows common usage.
Full glossaryThe term in an official text
powered by Neur.onHat der Vertretene die Vollmacht ausdrücklich oder tatsächlich kundgegeben, so kann er deren gänzlichen oder teilweisen Widerruf gutgläubigen Dritten nur dann entgegensetzen, wenn er ihnen auch diesen Widerruf mitgeteilt hat.
Where the represented party has expressly or de facto announced the authority he has conferred, he may not invoke its total or partial revocation against a third party acting in good faith unless he has likewise announced such revocation.
Source: Fedlex, Code of Obligations. In Corrext, this segment and the ones around it appear in Fast lookup CHnell, each with its reference.
Related terms
The transfer of a claim to a third party, without the debtor's consent.
Verwaltungsrat · board of directorsThe body that manages a company limited by shares and determines its organisation.
Handelsregister · commercial registerThe public register that records Swiss legal entities.