Federal Act on the Amendment of the Swiss Civil Code (OR)

Art. 539OR from 2023

Art. 539 VI. Withdrawal and restriction of management authority

¹ The management authority granted to one of the partners under the partnership agreement may not be withdrawn or restricted by the other partners without good cause.

² Where good cause exists, authority may be withdrawn by each of the other partners even where the partnership agreement provides otherwise.

³ In particular, good cause is deemed to exist where the managing partner is guilty of a serious breach of his duties or has become incapable of proper management of the partnership’s affairs.