{"id":2086,"date":"2015-07-10T15:00:27","date_gmt":"2015-07-10T13:00:27","guid":{"rendered":"http:\/\/blog.startups.ch\/en\/?p=2086"},"modified":"2016-10-18T17:29:25","modified_gmt":"2016-10-18T15:29:25","slug":"liability-for-an-associations-debts","status":"publish","type":"post","link":"https:\/\/blog.startups.ch\/en\/liability-for-an-associations-debts\/","title":{"rendered":"Liability for an association\u2019s debts"},"content":{"rendered":"<h3><strong>Liability for an association\u2019s debts is limited to the assets of the association. Therefore, the members are fundamentally not liable for the debts of the association. The association\u2019s funds are also liable for statutory bodies (Executive body liability).<\/strong><\/h3>\n<p><!--more--><\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-14524\" src=\"https:\/\/i0.wp.com\/blog.startups.ch\/wp-content\/uploads\/2015\/06\/Tastatur-mit-Paragraph.jpg?resize=690%2C330\" alt=\"Liability for an association\u2019s debts\" width=\"690\" height=\"330\" data-recalc-dims=\"1\" \/><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Liability for an association\u2019s debts<\/strong><\/p>\n<p>The association\u2019s finds are exclusively liable for the association\u2019s debts, unless the statutes allow a personal liability or a reserve liability with regard to association members (Art. 75a ZGB). As long as the statutes do not state otherwise, no member may be drawn in to cover the association\u2019s debts. Fundamentally, the members are only liable for the statutory planned membership contributions.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Liability for a body\u2019s actions<\/strong><\/p>\n<p>The association is liable for the actions of its bodies (Art. 55 Para. 2 ZGB). This applies particularly to the actions of the chosen board of management. There are also \u201cde-facto\u201d bodies which are not officially on the board of management, but nevertheless carry out a management role or make important decisions. The association is also liable for their actions<\/p>\n<p>The association, with its assets, is liable for all legal transactions concluded by the bodies which fall within the aims of the association. For example, if the Vice President spends CHF 1,000 more than budgeted on an association event Then the association must, nevertheless, pay the invoice and not the Vice President.<\/p>\n<p>However, the association can take recourse against the board, if this is culpable and neglects its responsibility for careful management. Then either the association or an individual member may sue the board member responsible for damages.<\/p>\n<p>If auxiliary personnel (e.g association members or external parties) cause any damages, the association is only liable when it can not prove that it did not exercise sufficient care in the circumstances (Art. 55 Para 1 OR).<\/p>\n<p>The association\u2019s bodies usually submit records of their activities to the general meeting of the association. As part of this, the board of management present the annual accounts and the annual report, and seeks a grant of discharge from the general meeting. This discharge from the association\u2019s general meeting means that the board is no longer personally liable for business in the reporting year completed.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Liability for an association\u2019s debts is limited to the assets of the association. Therefore, the members are fundamentally not liable for the debts of the association. The association\u2019s funds are also liable for statutory bodies (Executive body liability).<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[131],"tags":[528,476,477,142,475],"jetpack_publicize_connections":[],"aioseo_notices":[],"views":1898,"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p54Pb1-xE","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/2086"}],"collection":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/comments?post=2086"}],"version-history":[{"count":3,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/2086\/revisions"}],"predecessor-version":[{"id":2091,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/2086\/revisions\/2091"}],"wp:attachment":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/media?parent=2086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/categories?post=2086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/tags?post=2086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}