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Law/Patents - Law (general) / Foundations | | German term or phrase: disponierende Stifterrechte | Example 1: Die Stifterrechte werden in verfassungsändernde Stifterrechte und disponierende Stifterrechte eingeteilt.
Example 2: Die Bestellung von Mitgliedern des Stiftungsvorstands erfolgt
a) solange disponierende Stifterrechte bestehen, in Ausubung der disponierenden Stifterrechte;
b) wenn die disponierende Stifterrechte erloschen sind oder sie innerhalb angemessener Frist nicht ausgeubt werden, durch den Stiftungsvorstand selbst unter Beachtung des Nominierungsrechtes des Beirates mit Beschluss.
The term crops up several times in a deed of foundation I am translating. To say I am struggling to translate it is an understatement. The text was drafted in Austria.
Your help would be greatly appreciated. |
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