OR Art. 518 -
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. 518 OR from 2024
Art. 518 Rights of the annuitant 1. Exercise of entitlement
1 Unless otherwise agreed, the life annuity is payable every six months in advance.
2 If the person on whom the life annuity is settled dies before the end of the period for which it is payable in advance, the grantor owes the full amount.
3 If the grantor is declared bankrupt, the annuitant may assert his entitlements by bringing a capital claim for the amount that would be required at the time the grantor is declared bankrupt to establish an equivalent contract of annuity with a reputable annuity institution.
Es besteht kein Anspruch auf Aktualität und Vollständigkeit/Richtigkeit.
