OR Art. 653t -

Einleitung zur Rechtsnorm OR:

The Swiss Code of Obligations is a central code of Swiss civil law that regulates the legal relationships between private individuals. It includes five books that cover various aspects of contract law, law of obligations and property law, including the formation, content and termination of contracts, as well as liability for breach of contract and tort. The Code of Obligations is an important code of law for business and everyday life in Switzerland, as it forms the basis for many legal relationships and contracts and has been in force since 1912, whereby it is regularly adapted to social and economic developments.

Art. 653t OR from 2025

Art. 653t Principles in the articles of association ⁽¹⁾

¹ If a capital band is introduced, the articles of association must specify the following:

1. the lower and the upper limit of the capital band;

2. the date on which the board of directors’ authority to alter the share capital ends;

3. restrictions on and conditions and requirements for authorisation;

4. the number, nominal value and type of shares and the preferential rights of individual classes of shares or participation certificates;

5. the nature and value of special privileges and the names of the beneficiaries;

6. restrictions on the transferability of newly registered shares;

7. any restriction or cancellation of the subscription right or the good cause for which the board of directors may restrict or cancel the subscription right, and the allocation of subscription rights that have not been exercised or have been withdrawn;

8. the requirements for exercising contractually acquired subscription rights;

9. the authorisation of the board of directors to increase the capital with contingent capital and the information specified in Article 653b;

10. the authorisation of the board of directors to create participation capital.

² On expiry of its authorisation, the board of directors shall cancel the provisions governing the capital band in the articles of association.

⁽¹⁾ Inserted 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).

Es besteht kein Anspruch auf Aktualität und Vollständigkeit/Richtigkeit.