The founding members as well as the first members of the management or administration
committees shall be jointly liable for the prejudice caused, either by the omission of a
mandatory statement in the articles, or by the omission or improper completion of a formality
required for the formation of a cooperative.
Similarly, members of the management or administration committee who are in office then
shall incur the same liability under the above paragraph in the event of irregularity in the
amendment of the articles.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 27