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Part 1 · General provisions › Section 3

Merchant status conferred by law. Stock exchange listing

(1) The stock corporation is considered a trading company even if the purpose of the enterprise does not consist of carrying on a trade.

(2) Listed companies within the meaning of the present Act are companies whose shares of stock are admitted to trading on a market that is regulated and monitored by officially recognised bodies, that takes place on a regular basis, and that is indirectly or directly accessible to the general public.

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