Where the assets of a company limited by shares are taken over by the Confederation, by a canton or, under guarantee from the canton, by a district or commune, with the consent of the general meeting it may be agreed that no liquidation take place.
The resolution of the general meeting must be made in accordance with the provisions governing dissolution and notified to the commercial register office.
On entry of the resolution in the commercial register, the transfer of the company’s assets and debts is complete and the company’s name must be deleted.
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