OR Art. 1033 -
Einleitung zur Rechtsnorm OR:
The Swiss Code of Obligations is a central code of Swiss civil law that regulates the legal relationships between private individuals. It includes five books that cover various aspects of contract law, law of obligations and property law, including the formation, content and termination of contracts, as well as liability for breach of contract and tort. The Code of Obligations is an important code of law for business and everyday life in Switzerland, as it forms the basis for many legal relationships and contracts and has been in force since 1912, whereby it is regularly adapted to social and economic developments.
Art. 1033 OR from 2025
Art. 1033 Recourse in the event of Non-Acceptance and NonPayment 1. Recourse of the holder (1)
1 In the event of non-payment of a bill at maturity, the holder has right of recourse against the endorser, the drawer and the other parties liable on the bill.
2 The holder has the same right even before maturity:1. where acceptance has been refused in part or in full;2. where the assets of the drawee are subject to insolvency proceedings, regardless of whether he has accepted the bill or not, or where only payments by the drawee have been suspended, or where compulsory execution has been levied on his assets without success;3. where the assets of the drawer of a bill of exchange whose presentation for acceptance is prohibited are subject to insolvency proceedings.
(1) This Art. consists of a single paragraph in the French and Italian texts.
Es besteht kein Anspruch auf Aktualität und Vollständigkeit/Richtigkeit.
