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

¹ In com­pos­i­tion pro­ceed­ings, sub­ject to the pro­vi­sions gov­ern­ing bonds se­cured by a charge, no spe­cial res­ol­u­tion is made by the bond cred­it­ors on their po­s­i­tion to­wards the com­pos­i­tion agree­ment, and their con­sent is gov­erned ex­clus­ively by the pro­vi­sions of the Debt Col­lec­tion and Bank­ruptcy Act of 11 April 1889⁸⁴⁴.

² The pro­vi­sions gov­ern­ing the com­munity of cred­it­ors ap­ply to cred­it­ors hold­ing bonds se­cured by a charge, to the ex­tent that any re­stric­tion of their cred­it­ors’ rights is to be im­posed above and bey­ond the ef­fects of the com­pos­i­tion pro­ceed­ings.