220 Federal Act of 30 March 1911 on the Amendment of the Swiss Civil Code (Part Five: The Code of Obligations)

220 Loi fédérale du 30 mars 1911 complétant le code civil suisse (Livre cinquième: Droit des obligations)

Art. 1006 c. Proof of bearer’s entitlement

1 A person possessing the bill is the holder in due course providing he can demonstrate his entitlement by means of an uninterrupted sequence of endorsements, even where the last is a blank endorsement. Deleted endorsements are deemed unwritten. Where a blank endorsement is followed by a further endorsement, it is presumed that the person who issued this endorsement acquired the bill by means of the blank endorsement.

2 Where the bill of exchange was somehow lost by a former holder, a new holder who can demonstrate his entitlement in accordance with the provisions of the previous paragraph is obliged to surrender the bill only if he acquired the bill in bad faith or was guilty of gross negligence when he acquired it.

Art. 1003 3. Formes

1 L’endossement doit être inscrit sur la lettre de change ou sur une feuille qui y est attachée (allonge). Il doit être signé par l’endosseur.

2 L’endossement peut ne pas désigner le bénéficiaire ou consister simplement dans la signature de l’endosseur (endossement en blanc). Dans ce dernier cas, l’endossement, pour être valable, doit être inscrit au dos de la lettre de change ou sur l’allonge.

 

This document is not an official publication. Only the publication of the Federal Chancellery is legally binding.
Ceci n’est pas une publication officielle. Seule la publication opérée par la Chancellerie fédérale fait foi. Ordonnance sur les publications officielles, OPubl.