Commentaries: Art. 901

In the case of bearer securities, delivery of the certificate to the pledgee is sufficient to establish the pledge.
In the case of other securities, the certificate must be delivered and either endorsed or accompanied by a declaration of assignment.
The pledging of intermediated securities is governed exclusively by the Intermediated Securities Act of 3 October 2008¹.²

SR 957.1 ↩
Inserted by Annex No 1 of the Intermediated Securities Act of 3 Oct. 2008, in force since 1 Jan. 2010 (AS 2009 3577;BBl 2006 9315). ↩

Art. 901