Federal Act on the Amendment of the Swiss Civil CodeEnglish is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force. |
Art. 120
F. Set-off I. Requirement 1. In general 1Where two persons owe each other sums of money or performance of identical obligations, and provided that both claims have fallen due, each party may set off his debt against his claim. 2The debtor may assert his right of set-off even if the countervailing claim is contested. 3A time-barred claim may be set off provided that it was not time-barred at the time it became eligible for set-off. |