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

Art. 685469

H. Re­stric­ted trans­fer­ab­il­ity

I. Stat­utory re­stric­tion

 

1 Re­gistered shares that have not yet been fully paid up may be trans­ferred only with the con­sent of the com­pany, un­less they are ac­quired by in­her­it­ance, di­vi­sion of es­tate, mat­ri­mo­ni­al prop­erty law or com­puls­ory ex­e­cu­tion.

2 The com­pany may with­hold con­sent only if the solvency of the ac­quirer is in doubt and the se­cur­ity re­ques­ted by the com­pany is not fur­nished.

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