Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.

of 30 March 1911 (Status as of 1 January 2022)
Art. 685a409

II. Re­stric­tions un­der the art­icles of as­so­ci­ation

1. Gen­er­al prin­ciples

 

1 The art­icles of as­so­ci­ation may stip­u­late that re­gistered shares may be trans­ferred only with the con­sent of the com­pany.

2 This re­stric­tion also ap­plies to es­tab­lish­ment of a usu­fruct.

3 If the com­pany goes in­to li­quid­a­tion, the re­stric­tion on trans­fer­ab­il­ity is can­celled.

409In­ser­ted by No I of the FA of 4 Oct. 1991, in force since 1 Ju­ly 1992 (AS 1992 733; BBl 1983 II 745).

 
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