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


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Art. 435

4. Sale of goods at auc­tion

 

1 Where the goods on com­mis­sion re­main un­sold or the or­der to sell is with­drawn and the prin­cip­al fails to take them back or oth­er­wise dis­pose of them with­in a reas­on­able time, the com­mis­sion agent may ap­ply to the com­pet­ent au­thor­ity at the place where the goods are loc­ated to ar­range to have them sold at auc­tion.

2 The auc­tion may be ordered without first hear­ing the prin­cip­al if neither he nor a rep­res­ent­at­ive is present at that loc­a­tion.

3 However, of­fi­cial no­tice must be served on the prin­cip­al be­fore the auc­tion is held, un­less the goods in ques­tion are sus­cept­ible to rap­id de­teri­or­a­tion.

 

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