Back to law

Art. 775

210CCFederal ActJan 1, 1912Original source
  1. The usufructuary has the right to request the assignment of the debts and securities over which he or she has a usufruct within three months of the beginning thereof.
  2. Once assignment has been effected, he or she is liable to the former creditor for the value of the debts and securities as at the date of assignment and is required to provide security for that amount unless waived by the creditor.
  3. If the creditor has not waived his or her right to security, the assignment becomes effective only once security has been posted.

0 commentaries

No commentaries are available for this article yet.

Continue your research in ChatGPT or Claude

Connect Omnilex to search the legal corpus from your AI assistant.