Swiss Code of Obligations
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The Swiss Code of Obligations (SR/RS 22, German: Obligationenrecht; French: Code des obligations; Italian: Diritto delle obbligazioni; Romansh: Dretg d'obligaziuns), the 5th part of the Swiss civil code, is a federal law that regulates contract law and corporations (Aktiengesellschaft). It was first adopted in 1911 (effective since 1 January 1912).[1][2]
Quick Facts Ratified, Date effective ...
Swiss Code of Obligations | |
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Ratified | 30 March 1911 |
Date effective | 1 January 1912 (current version as of 1 April 2020) |
Location | SR220 |
Author(s) | Walther Munzinger, Heinrich Fick |
Purpose | Regulates contract law and corporations |
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The code of obligations is a portion of the private law (SR/RS 2) of the internal Swiss law.[3] It is also known by its full name as Federal Act on the Amendment of the Swiss Civil Code (Part Five: The Code of Obligations).
Swiss law is often used to regulate international contracts, as it is deemed neutral with respect to the parties.[4]