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

Art. 692

III. Vot­ing rights at gen­er­al meet­ings of share­hold­ers

1. Gen­er­al prin­ciple

 

1 The share­hold­ers shall ex­er­cise their right to vote at gen­er­al meet­ings of share­hold­ers in pro­por­tion to the total nom­in­al value of the shares be­long­ing to them.

2 Every share­hold­er has at least one vote, even if he holds only one share. However, the art­icles of as­so­ci­ation may im­pose re­stric­tions on the num­ber of votes cast by hold­ers of mul­tiple shares.

3 ...503

503 Re­pealed by No I of the FA of 19 June 2020 (Com­pany Law), with ef­fect from 1 Jan. 2023 (AS 2020 4005; 2022 109; BBl 2017 399).