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BGB 42. 1 An association is dissolved by the commencement of insolvency proceedings . If the proceedings are discontinued on the application of the debtor or terminated after the confirmation of an insolvency plan that provides for the association to continue in existence , the general meeting may pass a resolution that the association is to continue in existence . The articles of association may provide that , if insolvency proceedings are commenced , the association is to continue as an association without legal personality ; in this case too , if the requirements of sentence two above are satisfied , a resolution may be passed to continue the association as an association with legal personality .
BGB 75 The commencement of insolvency proceedings is to be registered by the court of its own motion . The same applies to the reversal of the order opening the insolvency proceedings , the appointment of a provisional insolvency administrator , if in addition the debtor is generally enjoined from transferring assets or it is ordered that disposals by the debtor are effective only with the approval of the provisional administrator in insolvency proceedings , and the termination of such a protective measure , an order of self-management by the debtor and the reversal of this order , and an order that specific legal transactions of the debtor require approval , the discontinuance and termination of the proceedings and the monitoring of compliance with an insolvency plan and the termination of the monitoring .
BGB 728. 1 The partnership is dissolved by the commencement of insolvency proceedings relating to the assets of the partnership . If the proceedings are discontinued on the application of the debtor or cancelled after the confirmation of an insolvency plan that provides for the partnership to continue in existence , then the partners may resolve to carry on the partnership .
BGB 925. 1 The agreement between the alienor and the acquirer ( declaration of conveyance ) necessary for the transfer of ownership of a plot of land under section 873 must be declared in the presence of both parties before a competent agency . Any notary is competent to receive the declaration of conveyance , notwithstanding the competence of other agencies . A declaration of conveyance may also be made in an in-court settlement or in an insolvency plan that has been finally and non-appealably confirmed .