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

Art. 458

A. Re­gistered power of at­tor­ney

I. Defin­i­tion and con­fer­ral

 

1 A re­gistered at­tor­ney is a per­son who has been ex­pressly or ta­citly gran­ted the au­thor­ity to con­duct op­er­a­tions and to sign per pro­cur­a­tion on be­half of a trad­ing, man­u­fac­tur­ing or oth­er com­mer­cial busi­ness by its own­er.

2 The own­er of the busi­ness must give no­tice of the grant­ing of the power of at­tor­ney for entry in the com­mer­cial re­gister but is bound by the ac­tions of the re­gistered at­tor­ney even be­fore it is entered.

3 The grant­ing of au­thor­ity to con­duct oth­er kinds of busi­ness or trans­ac­tions also re­quires entry of the at­tor­ney in the com­mer­cial re­gister.