OR Art. 1044 -
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. 1044 OR from 2025
Art. 1044 Joint and several liability of the parties
1 All parties who have drawn, accepted, endorsed or guaranteed a bill of exchange are liable as co-obligors towards the holder.
2 The holder may resort to any of them individually, severally or all together without being bound by the order in which they assumed their obligations.
3 The same right accrues to every party who has honoured the bill of exchange.
4 In asserting his claim against one party liable on a bill, the holder does not surrender his rights against the others or against the endorsers subsequent to such party.
Es besteht kein Anspruch auf Aktualität und Vollständigkeit/Richtigkeit.