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

Art. 684468

II. Re­gistered shares

 

1 Un­less oth­er­wise provided by law or the art­icles of as­so­ci­ation, the com­pany’s re­gistered shares are trans­fer­able without re­stric­tion.

2 Trans­fer by means of trans­ac­tion may also be ef­fected by hand­ing over the en­dorsed share cer­ti­fic­ate to the ac­quirer.

468 Amended by No I of the FA of 4 Oct. 1991, in force since 1 Ju­ly 1992 (AS 1992 733; BBl 1983 II 745).