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ORCO
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CH
Art. 1069 Federal Act of 30 March 1911 on the Amendment of the Swiss Civil Code (CO)
CO; Division Five: Negotiable Securities; Title Thirty-Three: Registered Securities, Bearer Securities and Instruments to Order; Section Four: Bills and Notes; XII. Prescription; 1. Prescriptive periods
Art. 1069 CO
The claims against the acceptor under the bill of exchange prescribe three years after the maturity date.
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.
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.
Court Decisions Applying This Provision (4)
RBOG.2008.Nr.14 · tg (Art. 1069 Abs. 1 OR)
Promissory Note Prescription Period and Execution Validity
Cited in point 2b to state the three-year limitation period for the claim arising from the bill.
14.2003.106 · ti (Art. 1069 CO)
Appeal Regarding Provisional Rejection of Opposition to Enforcement Based on Endorser's Liability on Bill of Exchange
Cited in the overall ruling grounds, relevant to the prescription period for bill of exchange rights.
14.2001.00105 · ti (art. 1069 cpv. 1 CO)
Creditor v. Guarantor: Promissory Note Enforcement and Prescription
Cited to establish the prescription period for promissory notes, which is 3 years.
14.2003.106 · ti (Art. 1069 CO)
Creditor v. Avalist: Provisional Attachment on Promissory Note
Cited in relation to the prescription period for rights against the avalist.