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

of 30 March 1911 (Status as of 9 February 2023)


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Art. 1019

b. In the case of de­le­tion

 

1 Where the drawee has struck out the de­clar­a­tion of ac­cept­ance made on the bill of ex­change pri­or to re­turn­ing the bill, ac­cept­ance is deemed to have been re­fused. Un­til the op­pos­ite is proven, it is pre­sumed that such de­le­tion was made pri­or to the re­turn of the bill.

2 However, where the drawee has in­formed the hold­er or a per­son whose sig­na­ture has been ap­pen­ded to the bill in writ­ing of his ac­cept­ance, he is li­able to such per­sons in ac­cord­ance with the terms of his de­clar­a­tion of ac­cept­ance.

 
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