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

Art. 1069

XII. Pre­scrip­tion

1. Pre­script­ive peri­ods

 

1 The claims against the ac­cept­or un­der the bill of ex­change pre­scribe three years after the ma­tur­ity date.

2 The claims of the hold­er against the en­dors­er and against the draw­er pre­scribe one year after the date on which timely protest was made or, where the bill bears the com­ment “No protest”, one year after the ma­tur­ity date.

3 The claims of one en­dors­er against oth­er en­dors­ers and against the draw­er pre­scribe six months after the date on which the bill of ex­change was hon­oured by the en­dors­er or the claim based on the bill was as­ser­ted against him.