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

Art. 916756

A. Li­ab­il­ity to the co­oper­at­ive

 

All per­sons en­gaged in the ad­min­is­tra­tion, busi­ness man­age­ment or audit­ing or li­quid­a­tion of the co­oper­at­ive are li­able to the co­oper­at­ive for the losses arising from any wil­ful or neg­li­gent breach of their du­ties.

756 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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