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Article NO. Content


Securities and Exchange Act  CH

Amended Date: 2020.05.19 
Article 122 (Causes for Dissolution)
    A membership stock exchange may be dissolved upon the occurrence of any one of the following events:
  1. occurrence of the events of dissolution specified in the articles of association.
  2. resolution of a meeting of members.
  3. the number of memberships falls to less than seven.
  4. bankruptcy.
  5. voidance of approval for the establishment of the stock exchange.
    The resolution referred to in subparagraph 2 of the preceding paragraph shall not become effective without approval by the Competent Authority.