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. 881

III. Con­ven­ing the gen­er­al as­sembly

1. Right and duty

 

1 The gen­er­al as­sembly of mem­bers is con­vened by the board of dir­ect­ors or any oth­er gov­ern­ing body on which the art­icles of as­so­ci­ation con­fer such au­thor­ity, and where ne­ces­sary by the aud­it­or.586 The li­quid­at­ors and the rep­res­ent­at­ives of bond cred­it­ors also have the right to con­vene a gen­er­al as­sembly.

2 The gen­er­al as­sembly of mem­bers must be con­vened at the re­quest of at least one-tenth of the mem­bers or, in the case of co­oper­at­ives with few­er than 30 mem­bers, at least three mem­bers.

3 Where the board of dir­ect­ors fails to grant such a re­quest with­in a reas­on­able delay, on ap­plic­a­tion the court must or­der that a gen­er­al as­sembly be con­vened.

586 First sen­tence 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).

 

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