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Art. 653i

220COFederal ActJan 1, 1912Original source
  1. The board of directors may repeal or amend the relevant provision of the articles of association on the contingent capital if:
  2. the conversion or option rights have expired;
  3. no conversion or option rights were granted; or
  4. all or some of those entitled have decided not to exercise the conversion or option rights granted to them.
  5. The articles of association may only be amended if a licensed audit expert has confirmed the circumstances in writing.

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