Körperschaft
Körperschaft is a legal term used in German-speaking jurisdictions to describe a body with its own legal personality, separate from its members. A Körperschaft can acquire rights and incur obligations in its own name, sue and be sued, own property, and enter into contracts through its organs.
There are two main families: Körperschaften des Privatrechts (private-law corporations) and Körperschaften des öffentlichen Rechts (public-law
Formation and organs: A corporate entity comes into existence by statute or contract and is registered in
Rights and duties: As legal persons, Körperschaften can own property, enter into contracts, and bear rights
In German law, the term Körperschaft is often used interchangeably with juristische Person, though it emphasizes