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

Art. 726

VIII. Dis­missal and sus­pen­sion

 

1 The board of dir­ect­ors may dis­miss com­mit­tees, man­aging dir­ect­ors, ex­ec­ut­ive of­ficers, re­gistered at­tor­neys and oth­er com­mer­cial agents that it has ap­poin­ted at any time.

2 The re­gistered at­tor­neys and com­mer­cial agents ap­poin­ted by the gen­er­al meet­ing may be sus­pen­ded from their du­ties at any time by the board of dir­ect­ors, provid­ing a gen­er­al meet­ing is con­vened im­me­di­ately.

3 Claims for com­pens­a­tion by per­sons dis­missed or sus­pen­ded are re­served.

 

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