The right to vote of company members shall be determined by the nominal value of their capital contributions. Each company member shall have at least one vote. The articles of association may limit the number of votes allocated to the owner of several capital contributions.
The articles of association may specify that right to vote are not dependent on nominal value with the result that each capital contribution carries one vote. In this case, the capital contributions with the lowest nominal value must be worth at least one tenth of the nominal value of the other capital contributions.
The determination of the right to vote according to the number of capital contributions does not apply to:
the appointment of the members of the external auditor;
the appointment of experts to inspect management practices or individual parts thereof;
the resolution on raising a liability action.
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