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

of 30 March 1911 (Status as of 1 January 2023)


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Art. 890

VIII. Dis­missal of the board and the ex­tern­al aud­it­or

 

1 The gen­er­al as­sembly of mem­bers is en­titled to dis­miss the mem­bers of the board and the ex­tern­al aud­it­or and any re­gistered at­tor­neys or com­mer­cial agents ap­poin­ted by them.729

2 On ap­plic­a­tion by at least one-tenth of the mem­bers, the court may or­der such dis­missals where good cause ex­ists and, in par­tic­u­lar, where the per­sons in ques­tion neg­lected their du­ties or were un­able to ful­fil them. In such cases the court must, where ne­ces­sary, or­der that fresh elec­tions be held by the com­pet­ent body of the co­oper­at­ive and take ap­pro­pri­ate meas­ures for the in­ter­im.

3 The claims for com­pens­a­tion of per­sons thus dis­missed are re­served.

729 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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