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

Art. 1022

3. Ef­fects

 

1 The bill guar­ant­or is li­able in the same man­ner as the per­son for whom he has giv­en the guar­an­tee.

2 His com­mit­ment is val­id even if the guar­an­teed ob­lig­a­tion is void for any reas­on oth­er than form­al de­fect.

3 A bill guar­ant­or who pays the bill of ex­change ac­quires all rights there­un­der against the per­son for whom he has giv­en the guar­an­tee and against all those who are li­able to such per­son un­der the bill.