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

Art. 896

II. Term of of­fice

 

1 The mem­bers of the board shall be elec­ted for a max­im­um term of of­fice of four years, but may be re-elec­ted un­less the art­icles of as­so­ci­ation provide oth­er­wise.

2 The pro­vi­sions gov­ern­ing com­pan­ies lim­ited by shares ap­ply to terms of of­fice of mem­bers of the board of li­censed in­sur­ance co­oper­at­ives.