(1) If an instrument in which the creditor is named is delivered with the stipulation that the act of performance promised in the instrument may be made to any bearer, then the debtor is released from obligation by performance to the bearer of the instrument. The bearer is not entitled to demand performance.
(2) The debtor is obliged to pay only in return for handover of the instrument. If the instrument has been lost or destroyed, then unless otherwise provided, it may be declared invalid by way of the judicial call procedure. The provisions of section 802 on limitation apply.