Federal Act
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Art. 16 Usufruct and Pledge
1 A design right may be subject to usufruct or pledge. 2 Usufruct and pledges may only take effect in relation to persons who acquire the design right in good faith if they are entered in the Register. The entry is made at the request of one of the parties concerned. 3 Prior to registration of a usufruct, licensees acting in good faith may discharge their obligations to the former right holder. |