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

Art. 704a557

3. Con­ver­sion of bear­er shares in­to re­gistered shares

 

The res­ol­u­tion of the gen­er­al meet­ing on con­vert­ing bear­er shares in­to re­gistered shares may be passed by a ma­jor­ity of votes cast. The art­icles of as­so­ci­ation must not im­pede the con­ver­sion.

557 In­ser­ted by No I 2 of the FA of 12 Dec. 2014 on the Im­ple­ment­a­tion of the 2012 re­vised re­com­mend­a­tions of the Fin­an­cial Ac­tion Task Force, in force since 1 Ju­ly 2015 (AS 20151389; BBl 2014605).