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Showing 271–280 of 61097 articles for “Art. L 131-1”
An endorsement made after the protest or after the expiry of the time limit for presentation only produces the effects of an ordinary assignment. In the absence of proof to the contrary, an undated en…
Cheques are payable on demand. Any statement to the contrary is deemed to be unwritten. Cheques presented for payment before the day indicated as the date of issue are payable on the day of presentati…
Actions for recourse by the bearer against the endorsers, the drawer and the other obligees shall be barred after six months from the expiry of the time limit for presentation. Actions for recourse by…
Any banker may, by reasoned decision, refuse to issue to an account holder cheque forms other than those issued for a withdrawal of funds by the drawer from the drawee or for certification. It may, at…
Any payment made by the drawer to the account from which the unpaid cheque was issued is allocated first and foremost to the constitution of a provision for full payment of the cheque.
The drawee who has refused payment of a cheque for lack of sufficient funds or who has closed an account on which cheque forms have been issued or who has registered a stop payment order for loss or t…
The guarantee is given either on the cheque or on an allonge, or by a separate document indicating the place where it was made. It is expressed by the words "bon pour aval" or any other equivalent wor…
Presentation to a clearing house is equivalent to presentation for payment.
The drawer or bearer of a cheque may cross it with the effects indicated in the following article. The cheque is crossed by means of two parallel bars on the front. It may be general or special. The b…
The presentation of a cheque in payment, accepted by a creditor, does not entail novation. Consequently, the original debt, with all the guarantees attached to it, remains in force until the cheque is…
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