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Showing 2561–2570 of 62207 articles for “Art. L 3334-3-2”
…heque by any event whatsoever, the beneficiary who proves his right in the manner indicated in article L. 131-22 is only obliged to dispose of the cheque if he acquired it in bad faith or if, in acqui…
…ersons sued by virtue of the cheque may not raise against the bearer defences based on their personal relationship with the drawer or with previous bearers, unless the bearer, in acquiring the cheque,…
Where the endorsement contains the words "valeur en recouvrement", "pour encaissement", "par procuration", or any other words implying a simple mandate, the bearer may exercise all the rights arising…
Unless otherwise agreed, the endorser guarantees payment. The endorser may prohibit further endorsement; in this case, the endorser is not liable to any person to whom the cheque is subsequently endor…
The holder of an endorseable cheque is deemed to be a rightful bearer if he proves his right by an uninterrupted series of endorsements, even if the last endorsement is blank. Crossed-out endorsements…
An endorsement on a bearer cheque makes the endorser liable under the provisions governing recourse; moreover, it does not convert the instrument into a promissory cheque.
Endorsement transfers all rights arising from the cheque, in particular ownership of the funds. If the endorsement is blank, the bearer may: 1. fill in the blank, either with his or her name or with t…
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…
A repurchase agreement is a transaction whereby a legal entity, a unit trust, a real estate investment trust, a professional real estate investment trust, a specialised financing fund or a securitisat…
The repurchase agreement relates to financial securities which are not likely to be the subject, throughout the duration of the transaction, of :1. The detachment of a dividend entitlement, giving ent…
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