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


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Art. 539

VI. With­draw­al and re­stric­tion of man­age­ment au­thor­ity

 

1 The man­age­ment au­thor­ity gran­ted to one of the part­ners un­der the part­ner­ship agree­ment may not be with­drawn or re­stric­ted by the oth­er part­ners without good cause.

2 Where good cause ex­ists, au­thor­ity may be with­drawn by each of the oth­er part­ners even where the part­ner­ship agree­ment provides oth­er­wise.

3 In par­tic­u­lar, good cause is deemed to ex­ist where the man­aging part­ner is guilty of a ser­i­ous breach of his du­ties or has be­come in­cap­able of prop­er man­age­ment of the part­ner­ship’s af­fairs.

 
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