Dissolution resolution

(1) The resolution under section 198, point 2, requires a majority of three-quarters of the votes cast, unless the articles of association provide otherwise. Members of the highest representative body who voted against the dissolution may object to the dissolution resolution for the record.
(2) The resolution requires the approval of the supervisory authority. The supervisory authority must notify the registry court of the approval.
(3) Where the association has been dissolved by a resolution of the highest representative body, the insurance relationships between the members and the association end at the time specified by the resolution, but not before the expiry of four weeks. Insurance claims that have arisen by then may be asserted; otherwise, however, only the contributions paid in advance for future insurance periods may be reclaimed, after deduction of the costs incurred. These provisions do not apply to life insurance relationships; these remain unaffected unless the articles of association provide otherwise.