OR Art. 986 -
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. 986 OR from 2025
Art. 986 Where the security is not presented
1 Where the lost bearer security is not presented within the time limit, the court may cancel it or order further measures, depending on the circumstances.
2 Notice of the cancellation of a bearer security must be published immediately in the Swiss Official Gazette of Commerce, and elsewhere at the court’s discretion.
3 Following cancellation, the applicant is entitled at his expense to request the issue of a new bearer security or performance of the obligation due.
Es besteht kein Anspruch auf Aktualität und Vollständigkeit/Richtigkeit.
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