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

Art. 709573

2. Rep­res­ent­a­tion of share­hold­er classes and groups

 

1 Where two or more dif­fer­ent classes of shares ex­ist with re­gard to vot­ing or prop­erty rights, the art­icles of as­so­ci­ation must stip­u­late that the share­hold­ers of each dif­fer­ent class of shares are en­titled to elect at least one rep­res­ent­at­ive to the board of dir­ect­ors.

2 The art­icles of as­so­ci­ation may con­tain spe­cial pro­vi­sions to pro­tect minor­it­ies or spe­cif­ic groups of share­hold­ers.

573 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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