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SWISS COO - CODE OF OBLIGATION ALLOWS OVERTHROW OF SWISS CORPORATIONS
SWISS COO - CODE OF OBLIGATION ALLOWS OVERTHROW OF SWISS CORPORATIONS
Swiss law lets corporations to overthrow other corporations.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) June 19, 2008 --
The "SWISS STOCK INVESTORS CLUB" a non-profit investment club who's members invest in swiss bank stocks, disclosed that the SWISS CODE OF OBLIGATIONS allows swiss corporations to overthrow other swiss corporations.
The SWISS CODE OF OBLIGATIONS allowscorporate overthrows in the following ways: ARTICLE 623 authorizes busups, stock spits, and consolidations. ARTICLE 659b allows an acquisition by a subsidiary. ARTICLE 685b allows for the ovethrow of one corporation by another corporation. ARTICLE 685f also allows for a corporate coup by another corporation. ARTICLE permits one board member to coup-de-etat of other board members. ARTICLE 715 permits the RIGHT OF COVOCATION (secret meetings and special meetings) for all types of board actions.ARTICLE 715a gives board members the ability to counter an overthrowagainst itself. It also forces the advosary to surrender documents pertaining to the takeover. ARTICLE 783 allows a corporation to buy itself.
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