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. 739

B. Dis­sol­u­tion with li­quid­a­tion

I. Con­sequences of li­quid­a­tion; powers

 

1 A com­pany en­ter­ing in­to li­quid­a­tion re­tains its leg­al per­son­al­ity and its ex­ist­ing busi­ness name, al­beit with the words “in li­quid­a­tion” ap­pen­ded to it, un­til such time as its as­sets have been dis­trib­uted among the share­hold­ers.

2 As of the com­pany’s entry in­to li­quid­a­tion, the powers of its gov­ern­ing of­ficers are lim­ited to such ac­tions as are ne­ces­sary to carry out the li­quid­a­tion but which by their nature may not be per­formed by the li­quid­at­ors.

 
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