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

Art. 540

VII. Man­aging part­ners and oth­er part­ners

1. In gen­er­al

 

1 Un­less this Title or the part­ner­ship agree­ment provides oth­er­wise, the re­la­tion­ship between the man­aging part­ners and the oth­er part­ners is sub­ject to the pro­vi­sions gov­ern­ing man­dates.

2 Where a part­ner who lacks man­age­ment au­thor­ity con­ducts busi­ness on the part­ner­ship’s be­half or a man­aging part­ner ex­ceeds his man­age­ment au­thor­ity, the pro­vi­sions gov­ern­ing agency without au­thor­ity ap­ply.