133
=S=> BGB 80. 1 The creation of a foundation with legal personality requires an endowment transaction and the recognition of this by the competent public authority of the Land in which the foundation is to have its seat .
=S=> BGB 80. 2 A foundation is to be recognised as having legal personality if the endowment transaction satisfies the requirements of section 81 ( 1 ) below , if the long-term and sustained achievement of the object of the foundation appears guaranteed and if the object of the foundation does not endanger the common good .
=S=> BGB 80. 3 Provisions of the Land legislation on church foundations are unaffected . The same applies with the necessary modifications to foundations which Land legislation treats as equivalent to church foundations .
|
