(1) Upon the dissolution of the association or its deprivation of legal personality, the assets devolve to the persons specified in the articles of association.
(2) The articles of association may stipulate that the persons entitled to receive the assets be specified by a resolution of the general meeting or by another organ of the association. If the objects of the association do not consist of commercial business operations, then the general meeting may, even if no such provision has been made, allocate the assets to a public foundation or institution.
(3) If no persons entitled to receive the assets are specified, then if, according to its articles, the association exclusively served the interests of its members, the assets will devolve 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 Land in the territory of which the association had its seat.