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

Art. 876OR from 2023

Art. 876 h. Liability after departure or dissolution

¹ Where a member with limited or unlimited liability leaves the cooperative as a result of death or for some other reason, that member remains liable for the obligations arising prior to departure if the cooperative becomes insolvent within one year or any longer period stipulated in the articles of association of the date on which the departure was entered in the commercial register.

² Any liability to make additional contributions remains effective on the same conditions and subject to the same time limits.

³ Where a cooperative is dissolved, the members likewise remain liable or obliged to make additional contributions if insolvency proceedings are commenced in respect of the cooperative within one year or any longer period stipulated in the articles of association of the date on which such dissolution was entered in the commercial register.