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BGB 48. 1 The liquidation is effected by the board . Other persons may also be appointed as liquidators ; the appointment is governed by the provisions for the appointment of the board .
BGB 105a If a person of full age incapable of contracting enters into an everyday transaction that can be effected with funds of low value , the contract he enters into is regarded as effective with regard to performance and , if agreed , consideration , as soon as performance has been effected and consideration rendered . Sentence 1 above does not apply in the case of considerable danger to the person or the property of the person incapable of contracting .
BGB 121. 1 Avoidance must be effected , in the cases set out in sections 119 and 120 , without culpable delay ( without undue delay ) after the person entitled to avoid obtains knowledge of the ground for avoidance . Avoidance made to an absent person is regarded as effected in good time if the declaration of avoidance is forwarded without undue delay .
BGB 124. 1 The avoidance of a declaration of intent voidable under section 123 may be effected only within one year .