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Art. 84a

210CCFederal ActJan 1, 1912Original source
  1. In the event of imminent insolvency or overindebtedness, the board of trustees must notify the supervisory authority immediately.
  2. If the external auditors establish that the foundation is insolvent or overindebted, they shall notify the supervisory authority.
  3. The supervisory authority shall direct the board of trustees to take the necessary measures. If it fails to do so, the supervisory authority shall take such measures itself or shall notify the court.
  4. The provisions of company law on establishing overindebtedness and on the revaluation of land, buildings and equity participations apply accordingly.

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