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Art. 653v

220COFederal ActJan 1, 1912Original source
  1. If the general meeting resolvesto increase or reduce the share capital or to change the currency of the share capitalduring the term of theboard of directors’ authorisation,the resolution on the capital band shall lapse. The articles of association must be amended accordingly.
  2. If the general meeting resolves to introduce contingent capital, the upper and lower limits of the capital band shall increase to the extent of the increase in the share capital. The general meeting may instead subsequently resolve to authorise the board of directors to increase the capital with conditional capital within the limits of the existing capital range.

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