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Section 45 Devolution of the assets of the association
BGB 45. 1 On the dissolution of the association or its deprivation of legal personality , the assets devolve on the persons specified in the articles of association .
BGB 45. 2 The articles of association may provide that the persons entitled to receive the assets are specified by a resolution of the general meeting or by another organ of the association . If the objects of the association are not commercial business operations , the general meeting may , even without such a provision , allocate the assets to a public foundation or institution .
BGB 45. 3 If no persons entitled are specified , then if according to its articles the association exclusively served the interests of its members , the assets pass in equal shares to the members at the date of the dissolution or the deprivation of legal personality , and failing this to the treasury of the state [ Bundesstaat ] in whose territory the association had its seat .