Turkish Law in EnglishTÜRKİYE
Turkish Civil Code (Law No. 4721)

Article 960: II. Representation of pledged share certificates

Book Four: LAW OF PROPERTY › Part Two: LIMITED RIGHTS IN REM › Chapter Three: PLEDGE OF MOVABLES › Division Two: PLEDGE OF CLAIMS AND OTHER RIGHTS

The authority to represent pledged share certificates at the general meeting of the company belongs to the shareholder, not to the pledgee creditor.

Original Turkish text

MADDE 960 · II. Rehinli pay senetlerinin temsili

Ortaklık genel kurulunda rehinli pay senetlerini temsil etmek yetkisi, rehin alacaklısına değil, pay sahibine aittir.

Text as of 1 October 2026 · Official source (Turkish): mevzuat.gov.tr ↗

Unofficial translation for information only. The Turkish text published in the Official Gazette is the only authoritative version. This page is not legal advice.