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

¹ The re­gistered power of at­tor­ney may be lim­ited to the busi­ness af­fairs of a spe­cif­ic branch.

² It may be con­ferred on two or more per­sons col­lect­ively (joint power of at­tor­ney) such that the sig­na­ture of one at­tor­ney is not bind­ing on the prin­cip­al un­less oth­ers par­ti­cip­ate in the trans­ac­tion as pre­scribed.

³ Oth­er lim­it­a­tions of au­thor­ity have no leg­al ef­fect on bona fide third parties.