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BGB 661. 1 The promise of a reward relating to a prize competition is only valid if a period of time is set for submission of entries in the announcement .
BGB 801. 1 The claim under a bearer bond is extinguished at the end of thirty years after the occurrence of the time stipulated for payment if the document has not been presented to the issuer for redemption prior to the end of thirty years . If presentation occurs , then the claim is statute-barred in two years from the end of the submission period . Presentation is equivalent to judicial assertion of the claims under the document . BGB 801. 2 For interest coupons , annuity coupons and profit share coupons , the period for presentation period is four years . The period of time commences at the close of the year in which the time stipulated for payment occurred . BGB 801. 3 Duration and commencement of the presentation period may be determined differently by the issuer in the document .
BGB 804. 1 If an interest coupon , annuity coupon or profit share coupon is lost or destroyed and if the previous bearer notifies the issuer of the loss prior to the end of the submission period , then the previous bearer may demand payment from the issuer after the period of time has ended . The claim is excluded if the lost coupon is presented to the issuer for redemption or if the claim from the coupons is asserted by court action , unless the presentation or assertion by court action occurs after the period of time has passed . The claim is statute-barred after four years .
BGB 863 In response to the claims set out in sections 861 and 862 above , a right of possession or to act in disturbance of possession may be asserted only to justify the submission that the deprivation or disturbance of possession is not unlawful interference .