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. 707

B. The Board of Dir­ect­ors

I. In gen­er­al

1. Eli­gib­il­ity

 

1 The com­pany’s board of dir­ect­ors com­prises one or more mem­bers.477

2 ...478

3 Where a leg­al en­tity or com­mer­cial com­pany holds an equity par­ti­cip­a­tion in the com­pany, it is not eli­gible as such to serve as a mem­ber of the board of dir­ect­ors; however, its rep­res­ent­at­ive may be elec­ted in its stead.

477 Amended by No I 3 of the FA of 16 Dec. 2005 (Law on Lim­ited Li­ab­il­ity Com­pan­ies and Amend­ments to the Law on Com­pan­ies lim­ited by Shares, Co­oper­at­ives, the Com­mer­cial Re­gister and Busi­ness Names), in force since 1 Jan. 2008 (AS 2007 4791; BBl 2002 3148, 2004 3969).

478 Re­pealed by No I 3 of the FA of 16 Dec. 2005 (Law on Lim­ited Li­ab­il­ity Com­pan­ies and Amend­ments to the Law on Com­pan­ies lim­ited by Shares, Co­oper­at­ives, the Com­mer­cial Re­gister and Busi­ness Names), with ef­fect from 1 Jan. 2008 (AS 2007 4791; BBl 2002 3148, 2004 3969).

 

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