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


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Art. 758643

III. Ef­fect of the res­ol­u­tion of re­lease

 

1 The res­ol­u­tion of re­lease ad­op­ted by the gen­er­al meet­ing shall be ef­fect­ive only for dis­closed facts and only as against the com­pany and those share­hold­ers who ap­proved the res­ol­u­tion or who have since ac­quired their shares in full know­ledge of the res­ol­u­tion.

2 The right of ac­tion of the oth­er share­hold­ers shall lapse twelve months after the res­ol­u­tion of re­lease. This peri­od shall be sus­pen­ded dur­ing the pro­ced­ure to or­der a spe­cial in­vest­ig­a­tion and dur­ing the con­duct of the in­vest­ig­a­tion.644

643 Amended by No I of the FA of 4 Oct. 1991, in force since 1 Ju­ly 1992 (AS 1992 733; BBl 1983 II 745).

644 Amended by No I of the FA of 19 June 2020 (Com­pany Law), in force since 1 Jan. 2023 (AS 2020 4005; 2022 109; BBl 2017 399).

 
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