French Commercial codeIn force
Subsection 2: Payment by intervention.
Article L511-69
A holder who refuses payment by intervention forfeits his recourse against those who would have been released.
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Showing 4851–4860 of 58742 articles for “Art. s. 1844-11 and 1844-13”
A holder who refuses payment by intervention forfeits his recourse against those who would have been released.
…place have been indicated to pay if necessary, the bearer must present the bill to all such persons and have a protest drawn up, if necessary, in default of payment at the latest on the day following…
…y not exercise his rights of recourse before maturity against the person who affixed the indication and against subsequent signatories unless he has presented the bill of exchange to the designated pe…
…ce of this indication, the payment is deemed to have been made for the drawer. The bill of exchange and the protest, if one has been drawn up, must be remitted to the payer by intervention.
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