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


Open article in different language:  DE  |  FR  |  IT
Art. 40 Shares

1 The com­pany shares are re­gistered.

2 The com­pany and in­vestor shares have no nom­in­al value and must be fully paid up in cash.

3 The shares are freely trans­fer­able. The art­icles of as­so­ci­ation may re­strict in­vestor eli­gib­il­ity to qual­i­fied in­vestors if the shares of the SICAV are not lis­ted on an ex­change. If the SICAV with­holds its con­sent to a trans­fer of the shares, Art­icle 82 ap­plies.

4 The art­icles of as­so­ci­ation may spe­cify dif­fer­ent cat­egor­ies of shares, to which dif­fer­ent rights are as­signed.

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

Previous article Show article in the law Next article

Diese Seite ist durch reCAPTCHA geschützt und die Google Datenschutzrichtlinie und Nutzungsbedingungen gelten.

Feedback
Gesetzeskürzel Name
DE FR IT EN
DE FR IT EN
Laden