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Article NO. Content

Title:

Securities and Exchange Act  CH

Amended Date: 2023.06.28 
Article 26 (Minimum Percentages of Registered Shares to Be Held by Directors and Supervisors)
    The total shares of nominal stocks held by the entire body of either directors or supervisors of an issuer shall not be less than a specified percentage of its total issued shares.
    The regulations governing the minimum percentage to be held by the directors and supervisors referred to in the preceding paragraph, and the examination of such holding shall be prescribed by an order from the Competent Authority.