548
=U5= Sec675 -- Section 675 Nongratuitous management of the affairs of another
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=S=> BGB 675. 1 The provisions of sections 663 , 665 to 670 and 672 to 674 apply to a service contract or a contract to produce a work dealing with the management of the affairs of another to the extent that nothing else is provided in this subtitle and , if the person obliged is entitled to terminate without complying with a notice period , the provisions of section 671 ( 2 ) also apply with the necessary modifications .
=S=> BGB 675. 2 A person who gives another person advice or a recommendation , notwithstanding the responsibility that arises from a contractual relationship , a tort or another statutory provision , is not obliged to pay compensation for the damage arising from following the advice or the recommendation .
=U5= Sec675a -- Section 675a Duties to provide information
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=S=> BGB 675a. 1 A person who is officially appointed to manage the affairs of others or publicly offers to do so provides , for regularly occurring standardised business transactions ( standard transactions ) , in writing , or in appropriate cases also electronically , and gratuitously , information on fees and expenses for such transactions , to the extent that a price is not determined in accordance with section 315 or the fees and expenses are subject to binding statutory provisions . Banking institutions ( section 1 ( 1 ) of the German Banking Act [ Gesetz über das Kreditwesen ] ) must additionally provide information on transaction periods , value dates , reference rates for bank transfers and additional details specified in the statutory order under Article 239 of the Introductory Act to the Civil Code [ Einführungsgesetz zum Bürgerlichen Gesetzbuch ] , in the form provided for there ; this does not apply to bank transfers of the type designated in section 676c ( 3 ) .
=S=> BGB 675a. 2 The following are equivalent to banking institutions within the meaning of this title : the Deutsche Bundesbank , other enterprises that carry out bank transfers on a commercial basis , and domestic branch offices of banking institutions and other enterprises with their seat abroad that carry out bank transfers on a commercial basis .
=U5= Sec676 -- Section 676 Termination of transfer contracts
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=S=> BGB 676 The termination of a contract for the management of the affairs of another whose subject matter is the forwarding of securities or of claims to the delivery of securities by way of booking or by other means ( transfer contract ) is only effective if it is notified to the custodian enterprise of the beneficiary in such good time that the notice of termination , if the appropriate care is exercised , can be taken into account prior to booking to the securities account of the beneficiary . The securities or the claims to delivery of securities are in this case to be returned to the enterprise originally entrusted with them . In connection with securities delivery and clearing systems , a transfer contract may , notwithstanding sentence 1 , no longer be terminated after the time specified in the rules of the system .
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