Article 451

The endowment shall terminate in such cases as are determined by the statutes.

The endowment is declared terminated by the Court on the application of the organ for its protection and control or the public prosecutor where:

its object has been attained or it has become impossible to be, attained;

such object has become illicit or contrary to morality;

the endowment pursues an object which is different from that determined by the statutes; or

the endowment has become insolvent.