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

Art. 898740

IV. Busi­ness man­age­ment and rep­res­ent­a­tion

1. Del­eg­a­tion

 

1 The art­icles of as­so­ci­ation may au­thor­ise the gen­er­al as­sembly of mem­bers or the board to del­eg­ate re­spons­ib­il­ity for man­aging the co­oper­at­ive’s busi­ness or parts there­of and for rep­res­ent­ing the co­oper­at­ive to one or more per­sons, busi­ness man­agers or ex­ec­ut­ive of­ficers, who need not be mem­bers of the co­oper­at­ive.

2 A co­oper­at­ive must be able to be rep­res­en­ted by a per­son who is res­id­ent in Switzer­land. This per­son must be a dir­ect­or, a busi­ness man­ager or an ex­ec­ut­ive of­ficer. This per­son must have ac­cess to the re­gister un­der Art­icle 837.741

740 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).

741 Amended by No I 2 of the FA of 12 Dec. 2014 on the Im­ple­ment­a­tion of the re­vised re­com­mend­a­tions 2012 of the Fin­an­cial Ac­tion Task Force, in force since 1 Ju­ly 2015 (AS 20151389; BBl 2014605).