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Art. 972 – Procedure, effect

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Art. 972

1

Following cancellation of the instrument, the beneficiary may exercise his right even without the instrument or request the issue of a new instrument.

2

In other respects, the provisions governing the individual types of securities apply to the procedure for and effect of cancellation.

Legal act context
SR 220 · CO · Federal act · Federal Act of 30 March 1911 on the Amendment of the Swiss Civil Code (Part Five: The Code of Obligations)
Structure path
Division Five: Negotiable Securities Title Thirty-Three: Registered Securities, Bearer Securities and Instruments to Order Section One: General Provisions E. Cancellation II. Procedure, effect
Language
English (en)
Data status
2026-01-01

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