If a transaction is entered into between the previous members of the board and a third party, then the change of the board may be used as a defence against the third party only if, at the time the legal transaction is entered into, the change has been recorded in the register of associations or is known to the third party. If the change has been entered, then the third parties need not allow it to apply against them if they do not know of it and their lack of knowledge does not result from negligence.
Home› Civil Code & Private Law› BGB (EN)
Book 1 · General part › Chapter 2 · Registered associations › Section 68
Protection of public confidence by the register of associations
←→ also move between sections