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


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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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