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

Art. 881

III. Con­ven­ing the gen­er­al as­sembly

1. Right and duty

 

1 The gen­er­al as­sembly of mem­bers shall be con­vened by the board or any oth­er gov­ern­ing body on which the art­icles of as­so­ci­ation con­fer such au­thor­ity, and where ne­ces­sary by the ex­tern­al aud­it­or.732 The li­quid­at­ors and the rep­res­ent­at­ives of bond cred­it­ors also have the right to con­vene a gen­er­al as­sembly.

2 The gen­er­al as­sembly of mem­bers must be con­vened at the re­quest of at least one-tenth of the mem­bers or, in the case of co­oper­at­ives with few­er than 30 mem­bers, at least three mem­bers.

3 Where the board fails to grant such a re­quest with­in a reas­on­able peri­od, on ap­plic­a­tion the court must or­der that a gen­er­al as­sembly be con­vened.

732 First sen­tence Amended by No I 3 of the FA of 16 Dec. 2005 (Law on Lim­ited Li­ab­il­ity Com­pan­ies and Amend­ments to the Law on Com­pan­ies lim­ited by Shares, Co­oper­at­ives, the Com­mer­cial Re­gister and Busi­ness Names), in force since 1 Jan. 2008 (AS 2007 4791; BBl 2002 3148, 2004 3969).

 

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