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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. 763
 

1 The pro­vi­sions gov­ern­ing the com­pany lim­ited by shares are not ap­plic­able to com­pan­ies and en­tit­ies es­tab­lished by spe­cial can­ton­al le­gis­la­tion and partly ad­min­istered by the pub­lic au­thor­it­ies, such as banks, in­sur­ance or elec­tri­city com­pan­ies, even if their cap­it­al is en­tirely or partly di­vided in­to shares and was raised with the help of private in­di­vidu­als, provid­ing the can­ton as­sumes sec­ond­ary li­ab­il­ity for the ob­lig­a­tions of such com­pan­ies and en­tit­ies.

2 The pro­vi­sions gov­ern­ing the com­pany lim­ited by shares are not ap­plic­able to com­pan­ies and en­tit­ies es­tab­lished by spe­cial can­ton­al le­gis­la­tion pri­or to 1 Janu­ary 1883 and partly ad­min­istered by the pub­lic au­thor­it­ies even if the can­ton does not as­sume sec­ond­ary li­ab­il­ity for their ob­lig­a­tions.