Federal Act
on Collective Investment Schemes
(Collective Investment Schemes Act, CISA)

of 23 June 2006 (Status as of 1 January 2023)


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Art. 113 Shares

1 The share cap­it­al is fully paid up.

2 The is­su­ing of vot­ing shares, par­ti­cip­a­tion cer­ti­fic­ates, di­vidend right cer­ti­fic­ates and pref­er­ence shares is pro­hib­ited.

3 The Fed­er­al Coun­cil may spe­cify com­puls­ory re­demp­tion. This is laid down in Art­icle 82.

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