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Showing 991–1000 of 43903 articles for “Art. L 227-5”
…med to be unwritten. However, the drawee may endorse the cheque; endorsement has the effect of establishing the existence of the funds on the date on which it is given.
Payment made on one of the copies discharges the obligation, even if it is not stipulated that this payment cancels the effect of the other copies. The endorser who has passed on the copies to differe…
The drawer, an endorser or a guarantor may, by means of the clause "return without charge", "without protest", or any other equivalent clause, inscribed on the document and signed, exempt the bearer,…
Any obligor against whom recourse is taken or who is exposed to recourse may demand, against reimbursement, the return of the cheque with the protest and an acquitted account. Any endorser who has rei…
All persons obligated under a cheque are jointly and severally liable to the bearer. The bearer has the right to take action against all these persons, individually or collectively, without being obli…
The person who has repaid the cheque may claim from his guarantors : 1. The full amount paid; 2. Interest on the said sum, from the day on which he disbursed it, calculated at the legal rate applicabl…
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…
The liability provided for in Sections 2 to 9 of this Chapter shall not apply in cases of force majeure or where the payment service provider is bound by other legal obligations under national or Comm…
If payment is made in notes and coins, it is the debtor's responsibility to make up the difference.
If the text of the cheque is altered, signatories subsequent to the alteration are bound by the terms of the altered text; earlier signatories are bound by the terms of the original text.
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