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. 690

4. Mul­tiple be­ne­fi­ciar­ies

 

1 Where a share is owned col­lect­ively, the be­ne­fi­ciar­ies of the rights it con­fers may ex­er­cise such rights only through a joint rep­res­ent­at­ive.

2 In the case of the usu­fruct of a share, such rights are rep­res­en­ted by the usu­fructu­ary; he is li­able in dam­ages to the own­er for any fail­ure to take due ac­count of the lat­ter’s in­terests when ex­er­cising them.

 
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