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


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Art. 1172

c. De­term­in­ing the ma­jor­ity

 

1 When de­term­in­ing the total bond cap­it­al in cir­cu­la­tion, bonds that do not con­fer right to vote shall be dis­reg­arded.

2 Where a mo­tion put to the cred­it­ors’ meet­ing fails to at­tain the re­quis­ite num­ber of votes, the bor­row­er may re­gister votes mak­ing up the short­fall by writ­ten and au­then­tic­ated de­clar­a­tions made with­in two months of the date of the meet­ing to the chair­man of the meet­ing and thereby bring about a val­id res­ol­u­tion.

 
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