1. If objects and rights are seized on the basis of the laws designated in Article 1, the State is responsible for claims against the former owner of the confiscated objects only with the rights and objects fallen to it by the confiscation. Rights on objects of seized property continue to exist.
2. In case of excessive debts, bankruptcy proceedings against the property will be enacted through motion of a state or creditor, according to regulations. The referee in bankruptcy has to be appointed in agreement with the central administration board responsible for the district of the bankruptcy court and has to be recalled on its request.
3. The same applies if the property of a person deprived of citizenship (Article 18) has been declared to fall to the Reich after this law had become effective.
Article 40
The Reich Minister of the Interior will be authorized to issue in agreement with the other responsible ministers the legal and administrative instruments required in order to execute and supplement this law.
Berlin, 9 December 1937
The Fuehrer and Chancellor of the Reich
Adolf Hitler
The Reich Minister of the Interior
Frick
The Deputy of the Fuehrer
R. Hess
(Reich Minister without Portfolio)
The Reich Minister of Finance
Count Schwerin von Krosigk
The Reich Minister of Economy
authorized to manage affairs:
Goering
(Prussian Premier)
The Reich Minister for Labor
Franz Seldte
The Reich Minister for Justice
Dr Guertner
TRANSLATION OF DOCUMENT 1406-PS
1938 REICHSGESETZBLATT, PART I, PAGE 414
Decree for the Reporting of Jewish Owned Property of 26 April 1938
On the basis of the Decree for the Execution of the Four Year Plan of 18 October 1936 (RGBl I, 887) the following is hereby decreed: