When the foundation ceases to exist, the assets devolve to the persons specified in the constitution. If no persons entitled to receive the assets are specified, the assets devolve to the treasury of the Land in which the foundation had its seat, or upon another person entitled to so receive the assets under the law of this Land. The provisions of sections 46 to 53 apply accordingly.
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Book 1 · General part › Subtitle 2 · Foundations › Section 88
Devolution of assets
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