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Showing 111–120 of 1979 articles for “Art. L131-32”
A person who signs a cheque as the representative of a person for whom he had no authority to act is himself obligated under the cheque and, if he has paid, has the same rights as the purported princi…
A cheque made payable to a named person with or without an express "to order" clause is transferable by endorsement. A cheque payable to a named person with a "not to order" clause or an equivalent cl…
A drawee who has paid a cheque despite the absence, insufficiency or unavailability of funds shall, except in the case provided for in the first paragraph of II of Article L. 131-81, be subrogated to…
In this chapter, the term "banker" refers to credit institutions and institutions, departments or persons authorised to maintain accounts from which cheques may be drawn.
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…
No legal or judicial extension of the deadline is permitted, except in the cases provided for in Article L. 511-61 of the French Commercial Code.
The endorsement may also be made for the benefit of the drawer or any other obligor. These persons may endorse the cheque again.
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…
The guarantor is bound in the same way as the person he has guaranteed. His undertaking is valid even if the obligation he has guaranteed would be null and void for any reason other than a formal defe…
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