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Art. 1108
II. Transfer 1. Transferability 1 A cheque made payable to a specific person with or without the explicit comment “to order” may be transferred by endorsement. 2 A cheque made payable to a specific person with or without the explicit comment “not to order” or with a comment to that effect may be transferred only subject to the formal requirements and with the effects of a normal assignment. 3 The endorsement may also be made out to the drawer or to any other party liable for it. Such persons may endorse the cheque further. |