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. 692

III. Vot­ing rights at gen­er­al meet­ings of share­hold­ers

1. Gen­er­al prin­ciple

 

1 The share­hold­ers ex­er­cise their vot­ing rights at gen­er­al meet­ings of share­hold­ers in pro­por­tion to the total nom­in­al value of the shares be­long­ing to them.

2 Every share­hold­er has at least one vote, even if he holds only one share. However, the art­icles of as­so­ci­ation may im­pose re­stric­tions on the num­ber of votes cast by hold­ers of mul­tiple shares.

3 In the event that the nom­in­al value of the shares is re­duced as part of a re­struc­tur­ing of the com­pany, the vot­ing right con­ferred by the ori­gin­al nom­in­al value may be re­tained.

 

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