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

Art. 545

D. Dis­sol­u­tion

I. Grounds for dis­sol­u­tion

1. In gen­er­al

 

1 The part­ner­ship is dis­solved:

1.
where the pur­pose of the part­ner­ship has been achieved or be­come im­possible to achieve;
2.
on the death of one of the part­ners, un­less it was pre­vi­ously agreed that the part­ner­ship would con­tin­ue with his heirs;
3.281
where the share in the pro­ceeds of li­quid­a­tion of a part­ner is sub­ject to com­puls­ory sale or one of the part­ners is de­clared bank­rupt or made sub­ject to a gen­er­al deputy­ship;
4.
by un­an­im­ous de­cision of the part­ners;
5.
on ex­piry of the peri­od for which the part­ner­ship was es­tab­lished;
6.
by no­tice of ter­min­a­tion served by one of the part­ners, where such right was re­served in the part­ner­ship agree­ment or the part­ner­ship was es­tab­lished for an in­def­in­ite dur­a­tion or for the life­time of one of the part­ners;
7.
by court282 judg­ment in cases of dis­sol­u­tion for good cause.

2The dis­sol­u­tion of the part­ner­ship may be re­ques­ted for good cause be­fore the dur­a­tion of the part­ner­ship agree­ment ex­pires or, where it was es­tab­lished for an in­def­in­ite dur­a­tion, with im­me­di­ate ef­fect.

281 Amended by An­nex No 10 of the FA of 19 Dec. 2008 (Adult Pro­tec­tion, Law of Per­sons and Law of Chil­dren), in force since 1 Jan. 2013 (AS 2011 725; BBl 20067001).

282 Amend­ment not rel­ev­ant to the Eng­lish text.