Investors

(1) Interests in open-ended investment limited partnerships, and in sub-funds of open-ended investment limited partnerships, may be acquired exclusively by professional and semi-professional investors. Investors may participate in open-ended investment limited partnerships only directly, as limited partners.
(2) A return of the contribution, or a distribution that reduces the value of the limited partner's contribution below the amount of the contribution, may take place only with the consent of the limited partner concerned. Before giving consent, the limited partner must be informed that he or she is directly liable to the creditors of the partnership to the extent that the contribution is repaid by way of the return or distribution.
(3) The claim of the open-ended investment limited partnership against a limited partner for payment of the contribution lapses as soon as the limited partner has made his or her limited partnership contribution. The limited partners are not obliged to make good losses incurred. An obligation on the part of the limited partners to make additional contributions is excluded. Section 707 of the Civil Code may not be derogated from. Agreements to the contrary are invalid.
(4) The admission of a limited partner to an existing open-ended investment limited partnership becomes effective only upon entry of the limited partner's admission in the commercial register.