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

of 30 March 1911 (Status as of 9 February 2023)


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Art. 893

XI. Ex­cep­tions for in­sur­ance co­oper­at­ives

 

1 Li­censed in­sur­ance co­oper­at­ives with more than 1,000 mem­bers may del­eg­ate all or some of the powers of the gen­er­al as­sembly of mem­bers to the board by means of the art­icles of as­so­ci­ation.

2 The powers of the gen­er­al as­sembly of mem­bers to in­tro­duce or in­crease the mem­bers’ li­ab­il­ity to make ad­di­tion­al con­tri­bu­tions and to dis­solve, merge, split and modi­fy the leg­al form of the co­oper­at­ive are not trans­fer­able.730

730 Amended by An­nex No 2 of the Mer­gers Act of 3 Oct. 2003, in force since 1 Ju­ly 2004 (AS 2004 2617; BBl 2000 4337).

 
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