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Showing 5261–5270 of 67372 articles for “Art. L 442-1 I 1°”
The holder of a bill of exchange is considered a legitimate bearer if he proves his right by an uninterrupted series of endorsements, even if the last endorsement is blank. Crossed-out endorsements ar…
Persons sued under the bill of exchange may not raise against the bearer defences based on their personal relationships with the drawer or with previous bearers, unless the bearer, in acquiring the bi…
Acceptance is written on the bill of exchange. It is expressed by the word "accepted" or any other equivalent word and is signed by the drawee. The mere signature of the drawee affixed to the face of…
The bill of exchange may, until maturity, be presented on acceptance to the drawee, at the place of his domicile, by the bearer or even by a simple holder. In any bill of exchange, the drawee may stip…
By acceptance, the drawee undertakes to pay the bill of exchange on the due date. In the event of non-payment, the bearer, even if he is the drawer, has a direct action against the acceptor arising fr…
Where the endorsement contains the words "valeur en recouvrement", "pour encaissement", "par procuration", or any other wording implying a simple mandate, the bearer may exercise all the rights derivi…
The endorser is, unless otherwise agreed, guarantor of acceptance and payment. He may prohibit further endorsement. In this case, he is not obliged to guarantee against persons to whom the letter is s…
Endorsement after the due date produces the same effects as an earlier endorsement. However, an endorsement subsequent to the protest for want of payment, or made after the expiry of the period fixed…
The company's Articles of Association determine the rules governing the convening and deliberations of the Board of Directors. When it has not met for more than two months, at least one third of the m…
The general management of the company is assumed, under its responsibility, either by the Chairman of the Board of Directors or by another natural person appointed by the Board of Directors and bearin…
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