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

¹ The cred­it­ors’ meet­ing may re­voke or modi­fy the au­thor­ity con­ferred on a rep­res­ent­at­ive at any time.

² The au­thor­ity of a rep­res­ent­at­ive ap­poin­ted un­der the bond is­sue con­di­tions may be re­voked or mod­i­fied at any time by res­ol­u­tion of the com­munity of cred­it­ors with the con­sent of the bor­row­er.

³ On ap­plic­a­tion by a bond cred­it­or or the bor­row­er, the court may de­clare such au­thor­ity ex­tin­guished for good cause.

⁴ Where the rep­res­ent­at­ive’s au­thor­ity lapses for whatever reas­on, at the re­quest of a bond cred­it­or or the bor­row­er, the court or­ders the meas­ures ne­ces­sary to pro­tect the bond cred­it­ors and the bor­row­er.