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

¹ The au­thor­ity con­ferred by means of a trans­ac­tion is ex­tin­guished on the loss of ca­pa­city to act, bank­ruptcy, death, or de­clar­a­tion of pre­sumed death of the prin­cip­al or the agent, un­less the con­trary has been agreed or is im­plied by the nature of the trans­ac­tion.⁷

² The same ap­plies on the dis­sol­u­tion of a leg­al en­tity or a com­pany or part­ner­ship entered in the com­mer­cial re­gister.

³ The mu­tu­al per­son­al rights of the parties are un­af­fected.