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Art. 850

220COFederal ActJan 1, 1912Original source
  1. The articles of association may make membership of a cooperative conditional on ownership or commercial exploitation of a property.
  2. In such cases the articles of association may stipulate that, in the event that the property or commercial operations change hands, membership shall automatically pass to the acquirer.
  3. A transfer of membership resulting from the alienation of property shall be valid as against third parties only if entered under priority notice in the land register.

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