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Art. 653i – Deletion

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Art. 653i409

1

The board of directors may repeal or amend the relevant provision of the articles of association on the contingent capital if:

1.

the conversion or option rights have expired;

2.

no conversion or option rights were granted; or

3.

all or some of those entitled have decided not to exercise the conversion or option rights granted to them.

2

The articles of association may only be amended if a licensed audit expert has confirmed the circumstances in writing.

  1. 409 Inserted by No I of the FA of 4 Oct. 1991 (AS 1992 733; BBl 1983 II 745). 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).
Legal act context
SR 220 · CO · Federal act · Federal Act of 30 March 1911 on the Amendment of the Swiss Civil Code (Part Five: The Code of Obligations)
Structure path
Division Three: Commercial Enterprises and the Cooperative Twenty-Sixth title: The Company Limited by Shares Section One: General Provisions I. Increase and reduction in the share capital II. Increase from contingent capital 7. Deletion
Language
English (en)
Data status
2026-01-01

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