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

Art. 660436

A. En­ti­tle­ment to a share of the profits and pro­ceeds of li­quid­a­tion

I. In gen­er­al

 

1 Every share­hold­er is en­titled to a pro rata share of the dis­pos­able profit to the ex­tent that the dis­tri­bu­tion of such profit among the share­hold­ers is provided for by law or the art­icles of as­so­ci­ation.

2 On dis­sol­u­tion of the com­pany, the share­hold­er is en­titled to a pro rata share of the li­quid­a­tion pro­ceeds, un­less oth­er­wise provided by those art­icles of as­so­ci­ation that re­late to the al­loc­a­tion of the as­sets of the dis­solved com­pany.

3 The pref­er­en­tial rights at­tach­ing to spe­cif­ic classes of shares stip­u­lated in the art­icles of as­so­ci­ation are re­served.

436 Amended by No I of the FA of 4 Oct. 1991, in force since 1 Ju­ly 1992 (AS 1992 733; BBl 1983 II 745).

 

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