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


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Art. 1153a852

II. Equi­val­ent in­stru­ments in se­cur­ity ledgers

 

1 The parties may is­sue doc­u­ments of title to goods in the form of ledger-based se­cur­it­ies. Art­icles 1154 and 1155 ap­ply mu­tatis mutandis.

2 The is­suer's sig­na­ture is not re­quired if the in­stru­ment can be un­am­bigu­ously at­trib­uted to him or her in an­oth­er man­ner. The fur­ther con­tent of the in­stru­ment, in­clud­ing any charges, must be re­cor­ded in the se­cur­it­ies ledger it­self or in the as­so­ci­ated ac­com­pa­ny­ing data.

852 In­ser­ted by No I 1 of the FA of 25 Sept. 2020 on the Ad­apt­a­tion of Fed­er­al Law to De­vel­op­ments in Dis­trib­uted Ledger Tech­no­logy, in force since 1 Feb. 2021 (AS 2021 33; BBl 2020 233).

 

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