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Showing 251–260 of 43919 articles for “Art. L 511-5”
The drawer is guarantor of acceptance and payment. He may exonerate himself from the guarantee of acceptance; any clause by which he exonerates himself from the guarantee of payment shall be deemed un…
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…
In a bill of exchange payable at sight or within a certain period of sight, it may be stipulated by the drawer that the sum will bear interest. In any other bill of exchange, this stipulation is deeme…
The bill of exchange may be to the order of the drawer himself. It may be drawn on the drawer himself. It may be drawn on behalf of a third party. It may be payable at the domicile of a third party, e…
I. - The endorsement transmits all the rights resulting from the bill of exchange. II. - If the endorsement is in blank, the bearer may: 1° Fill in the blank, either with his name or with the name of…
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 owner of the lost bill of exchange must, in order to obtain the next one, apply to his immediate endorser who is obliged to lend him his name and care to act towards his own endorser, and so backw…
All actions arising from the bill of exchange against the acceptor shall be barred after three years from the due date. The bearer's actions against the endorsers and against the drawer shall be barre…
Where a bill of exchange is stipulated to be payable in a currency which is not current at the place of payment, the amount may be paid in the currency of the country, according to its value on the da…
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