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. 917

B. Li­ab­il­ity to the co­oper­at­ive, mem­bers and cred­it­ors

 

1 Any dir­ect­or or li­quid­at­or who wil­fully or neg­li­gently breaches his stat­utory du­ties with re­gard to the over­indebted­ness of the co­oper­at­ive is li­able to the co­oper­at­ive, the in­di­vidu­al mem­bers and the cred­it­ors for the losses arising.

2 Claims for com­pens­a­tion for losses suffered by the mem­bers and the cred­it­ors only in­dir­ectly through harm done to the co­oper­at­ive must be brought in ac­cord­ance with the pro­vi­sions gov­ern­ing com­pan­ies lim­ited by shares.

 
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