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renewal
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BGB 234. 2 The interest coupons , annuity coupons , dividend coupons and renewal coupons are to be deposited with the securities .
BGB 805 New interest coupons and annuity coupons for a bearer bond may not be issued to the bearer of the document authorising receipt of the coupons ( renewal coupon ) if the bearer of the bond has objected to the issuing . In this case , the coupons are to be delivered to the bearer of the bond if he presents the bond .
BGB 1081. 1 If a bearer instrument or an instrument made out to order that bears a blank endorsement is the subject of usufruct , the possession of the instrument and of the renewal certificate relating to the instrument belongs to the usufructuary and the owner jointly . The possession of the interest , annuity or dividend coupons relating to the instrument belongs to the usufructuary .
BGB 1082 The instrument and the renewal certificate , at the request of the usufructuary or the owner , must be deposited at a depositary institution with the stipulation that delivery may be requested only by the usufructuary and the owner jointly . The usufructuary may also require deposit at the [ Reichsbank ] , at the [ Deutsche Zentralgenossenschaftskasse ] or at the [ Deutsche Girozentrale ] ( [ Deutsche Kommunalbank ] ) .