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Part 6 · Insolvency plan  ›  Division 1 · Establishment of plan › Section 228

Modification of conditions under property law

If rights in objects are to be created, modified, transferred or waived, any legal declarations needed from the parties to the proceedings may be included in the constructive part of the insolvency plan. If registered rights in real estate or in registered rights are involved, such rights are to be detailed in compliance with section 28 of the Land Register Code (Grundbuchordnung). Sentence 2 applies accordingly to rights registered in the register of ships and the register of ships under construction, or in the register of liens on aircraft.

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