Legal Entity
A holder of rights that is not a natural person.
A legal entity is a holder of rights recognized by law, for example a registered association, a limited liability company (GmbH) or a foundation. It can conclude contracts itself, sue and be sued. It acts through its organs, for example the management board or the managing directors.
The relevant statutes
§ 21 BGB
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Related terms
General explanation for self-help, not legal advice (RDG). Individual cases may differ: if in doubt, contact a consumer advice center or a lawyer.