Judicial sequestration of endowment property is permissible in the following cases: 1. If the endowment is vacant or a dispute arises between its administrators, or if a lawsuit is instituted for the removal of the administrator, and this sequestration shall terminate in these cases if an administrator is appointed for the endowment, whether on a temporary or permanent basis. 2. If the endowment is indebted. 3. If one of the beneficiaries is an insolvent or bankrupt person, and the sequestration shall be limited to that beneficiary’s share alone if it can be segregated, otherwise it shall extend to the entire endowment, provided that the sequestration in both cases is the sole means to prevent the loss of creditors' rights due to mismanagement by the endowment administrator.
Interpretation and application must be checked against the official text and current version.