Federal Act on the Amendment of the Swiss Civil Code

English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.


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Art. 976

II. With qual­i­fied bear­er se­cur­it­ies

 

Where the ob­lig­or un­der the re­gistered se­cur­ity has re­served the right to render per­form­ance to any bear­er of the in­stru­ment, he is re­leased from his ob­lig­a­tion by ren­der­ing per­form­ance in good faith to such a bear­er even if he did not re­quest evid­ence of the cred­it­or's en­ti­tle­ment; however, he is not ob­liged to render per­form­ance to the bear­er.

 
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