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Book 2 · Law of obligations  ›  Title 24 · Bearer bond › Section 794

Liability of the issuer

(1) The issuer is obliged under a bearer bond even if it has been stolen from them or is lost or if it otherwise comes into circulation against their will.

(2) The effectiveness of a bearer bond is not affected by the fact that the document is delivered after the issuer has died or becomes incapable of contracting.

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