Von der pia causa zur privatnützigen Vermögensbindung: Funktionen der Stiftung in den heutigen Privatrechtskodifikationen (From pia causa to Private Purposes: The Function of the Foundation in Modern Private Law Codifications)

Rabel Journal of Comparative and International Private Law (RabelsZ), Vol. 77, No. 4, pp. 828-842, 2013

DOI: 10.1628/003372513X671345

Max Planck Private Law Research Paper No. 13/21

16 Pages Posted: 13 Jun 2013 Last revised: 5 Jun 2014

See all articles by Anatol Dutta

Anatol Dutta

Ludwig Maximilian University of Munich (LMU)

Date Written: October 1, 2013

Abstract

Once a legal basis for financial charity, the private law foundation – similar to the trust – has increasingly become a vehicle for owners to tie up their property for private purposes, namely creating dynastic wealth, perpetuating certain property and protecting assets from creditors. The article outlines some reasons why a legislator could restrict the use of the foundation as an instrument of private purpose.

This article is published in this Research Paper Series with the permission of the rights owner, Mohr Siebeck. All full-text Rabel Journal articles are available via pay-per-view or subscription at IngentaConnect, a provider of digital journals on the Internet.

Note: Downloadable document is in German.

Keywords: Foundations, trusts, perpetuities, family property, private purposes, codifications

Suggested Citation

Dutta, Anatol, Von der pia causa zur privatnützigen Vermögensbindung: Funktionen der Stiftung in den heutigen Privatrechtskodifikationen (From pia causa to Private Purposes: The Function of the Foundation in Modern Private Law Codifications) (October 1, 2013). Rabel Journal of Comparative and International Private Law (RabelsZ), Vol. 77, No. 4, pp. 828-842, 2013; DOI: 10.1628/003372513X671345; Max Planck Private Law Research Paper No. 13/21. Available at SSRN: https://ssrn.com/abstract=2271028

Anatol Dutta (Contact Author)

Ludwig Maximilian University of Munich (LMU) ( email )

Geschwister-Scholl-Platz 1
Munich, Bavaria 80539
Germany

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