Commentaries: Art. 881

The general assembly of members shall be convened by the board or any other governing body on which the articles of association confer such authority, and where necessary by the external auditor.¹The liquidators and the representatives of bond creditors also have the right to convene a general assembly.
The general assembly of members must be convened at the request of at least one-tenth of the members or, in the case of cooperatives with fewer than 30 members, at least three members.
Where the board fails to grant such a request within a reasonable period, on application the court must order that a general assembly be convened.

First sentence Amended by No I 3 of the FA of 16 Dec. 2005 (Law on Limited Liability Companies and Amendments to the Law on Companies limited by Shares, Cooperatives, the Commercial Register and Business Names), in force since 1 Jan. 2008 (AS 2007 4791;BBl 2002 3148, 2004 3969). ↩

Art. 881