Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

¹ A part­ner­ship lim­ited by shares is a part­ner­ship whose cap­it­al is di­vided in­to shares and in which one or more part­ners have un­lim­ited joint and sev­er­al li­ab­il­ity to its cred­it­ors in the same man­ner as part­ners in a gen­er­al part­ner­ship.

² Un­less oth­er­wise provided, the pro­vi­sions gov­ern­ing com­pan­ies lim­ited by shares ap­ply to part­ner­ships lim­ited by shares.

³ Where the cap­it­al of a part­ner­ship lim­ited by shares is not di­vided in­to shares but in­to por­tions which merely define the de­gree of par­ti­cip­a­tion of two or more lim­ited part­ners, the pro­vi­sions gov­ern­ing lim­ited part­ner­ships ap­ply.