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Swiss Civil Code

Art. 901

II. In the case of se­cur­it­ies

 

1 In the case of bear­er se­cur­it­ies, de­liv­ery of the cer­ti­fic­ate to the pledgee is suf­fi­cient to es­tab­lish the pledge.

2 In the case of oth­er se­cur­it­ies, the cer­ti­fic­ate must be de­livered and either en­dorsed or ac­com­pan­ied by a de­clar­a­tion of as­sign­ment.

3 The pledging of in­ter­me­di­ated se­cur­it­ies is gov­erned ex­clus­ively by the In­ter­me­di­ated Se­cur­it­ies Act of 3 Oc­to­ber 2008654.655

654 SR 957.1

655 In­ser­ted by An­nex No 1 of the In­ter­me­di­ated Se­cur­it­ies Act of 3 Oct. 2008, in force since 1 Jan. 2010 (AS 20093577; BBl 20069315).