1. If the contracting parties conceal a genuine contract by means of an apparent contract, the effective contract as between the contracting parties and their universal successor shall be the genuine contract. 2. If a simulated contract is concluded, the creditors of the contracting parties and their particular successors, when acting in good faith, may rely on the simulated contract; they may also rely on the concealed contract and prove, by all means, the simulation of the contract that has caused them harm. 3. If the interests of the concerned persons conflict, and some of them rely on the apparent contract while others rely on the concealed contract, preference shall be given to those who rely on the apparent contract.
Interpretation and application must be checked against the official text and current version.