OR Art. 1050 -
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. 1050 OR from 2025
Art. 1050 Invalidation a. In general
1 In the event that the holder fails to comply with the time limitsfor presentation of a sight bill or an after-sight bill,for protest for non-acceptance or for non-payment,for presentation for payment of bills bearing the comment “No protest”,he forfeits his rights against the endorser, the drawer and all other parties liable on the bill, with the exception of the acceptor.
2 In the event that the holder fails to comply with the time limit for presentation for acceptance prescribed by the drawer, he forfeits his right of recourse for non-acceptance and for non-payment, unless the wording of the comment shows that the drawer intended to exclude only liability for acceptance.
3 Where the time limit for presentation is indicated in an endorsement, only the endorser may rely on it.
Es besteht kein Anspruch auf Aktualität und Vollständigkeit/Richtigkeit.
