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. 102

B. De­fault of ob­lig­or

I. Re­quire­ment

 

1Where an ob­lig­a­tion is due, the ob­lig­or is in de­fault as soon as he re­ceives a form­al re­mind­er from the ob­li­gee.

2Where a dead­line for per­form­ance of the ob­lig­a­tion has been set by agree­ment or as a res­ult of a duly ex­er­cised right of ter­min­a­tion re­served by one party, the ob­lig­or is auto­mat­ic­ally in de­fault on ex­piry of the dead­line.

 

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