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

Art. 620301

A. Defin­i­tion

 

1 The com­pany lim­ited by shares is a com­pany in which one or more per­sons or com­mer­cial en­ter­prises par­ti­cip­ate. It is li­able for its ob­lig­a­tions to the ex­tent of the com­pany’s as­sets.

2 The share­hold­ers are re­quired only to ful­fil the du­ties spe­cified in the art­icles of as­so­ci­ation.

3 A share­hold­er is any per­son who holds at least one share in the com­pany.

301 Amended by No I of the FA of 19 June 2020 (Com­pany Law), in force since 1 Jan. 2023 (AS 2020 4005; 2022 109; BBl 2017 399).