The liquidator shall be liable to the company as well as to third parties for the actionable wrongs
resulting from any errors made by him in the exercise of his duties.
Any action by the company or an individual against the liquidator shall lapse within a period of
three years from the date of commission of the actionable wrong, or, where it was hidden, from
the date of its disclosure.
However, where the act amounts to a felony, the action shall lapse within a period often years.
Official translation
Spot-checked
In force from 17 April 1997
Source page 56