The Negotiable Instruments Act
109How acceptance for honour must be made
A person desiring to accept for honour must, 1[by writing on the bill under his hand, declare that he accepts under protest the protested bill for the honour of the drawer or of a particular indorser whom he names, or generally for honour. 2 ***
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1. Subs. by s. 8, ibid., for in the presence of a notary public, subscribe the bill with his own hand, and.
2. The words and such declaration must be recorded by the notary in his register rep. by s. 8, ibid.
OF ACCEPTANCE AND PAYMENT FOR HONOUR AND REFERENCE IN CASE OF NEED
- 108 Acceptance for honour
- 109 How acceptance for honour must be made
- 110 Acceptance not specifying for whose honour it is made
- 111 Liability of acceptor for honour
- 112 When acceptor for honour may be charged
- 113 Payment for honour
- 114 Right of payer for honour
- 115 Drawee in case of need
- 116 Acceptance and payment without protest