Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

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

of 30 March 1911 (Status as of 1 July 2021)


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Art. 317

C. Goods in lieu of money

 

1 Where the bor­row­er re­ceives se­cur­it­ies or goods rather than the agreed sum of money, the amount of the fixed-term loan is deemed to be the cur­rent or mar­ket price of the se­cur­it­ies or goods con­cerned at the time and place of de­liv­ery.

2 Any agree­ment to the con­trary is void.

 
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