¹ The items forming a contribution in kind shall satisfy the contribution requirement only if the following requirements are met:

1.

They may be entered as assets on the balance sheet.

2.

They may be transferred to the company’s assets.

3.

On the company being entered in the commercial register, the company immediately acquires ownership and may freely dispose of the items or, in the case of immovable property, receives an unconditional right to enter it in the land register.

4.

Their value may be realised by transfer to a third party.

² The contribution in kind must be agreed in writing. The contract must be done as a public deed if this is required for the transfer of the object.

³ A single public deed is sufficient even if immovable property situated in two or more cantons constitutes the contribution in kind. The deed must be done by a notary at the seat of the company.

⁴ The articles of association must indicate the items, their valuation and the name of the contributor and the shares that they have been issued and any other considerations provided by the company. The general meeting may repeal the related provisions of the articles of association after ten years.