OR Art. 1105 -

Einleitung zur Rechtsnorm OR:

The Swiss Code of Obligations is a central code of Swiss civil law that regulates the legal relationships between private individuals. It includes five books that cover various aspects of contract law, law of obligations and property law, including the formation, content and termination of contracts, as well as liability for breach of contract and tort. The Code of Obligations is an important code of law for business and everyday life in Switzerland, as it forms the basis for many legal relationships and contracts and has been in force since 1912, whereby it is regularly adapted to social and economic developments.

Art. 1105 OR from 2024

Art. 1105 Designation of payee

¹ The cheque may be made payable to:a specific person, with or without the explicit comment “to order”; a specific person, with the comment “not to order” or a comment to that effect;the bearer.

² Where the cheque designates a specific person as payee with the added comment “or presenter” or a comment to that effect, the cheque is deemed made out to the bearer.

³ A cheque with no payee indicated is deemed payable to the bearer.