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Showing 1011–1020 of 54001 articles for “Art. I-4°”
Where the drawer has indicated in the bill of exchange a place of payment other than that of the drawee's domicile, without designating a third party with whom payment is to be made, the drawee may in…
The drawee may request that a second presentation be made to him the day after the first. Interested parties are only entitled to claim that this request has not been granted if it is mentioned in the…
If the drawee, who has endorsed the bill of exchange with his acceptance, has crossed it out before the bill is returned, the acceptance is deemed to have been refused. In the absence of proof to the…
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…
The guarantor's obligation is extinguished by the same causes as other obligations. It is also extinguished as a result of the extinction of the guaranteed obligation.
When a guarantee of future debts terminates, the guarantor remains liable for debts arising previously, unless otherwise agreed.
A guarantor of the balance of a current or deposit account may no longer be sued five years after the end of the guarantee.
The guarantor's heirs are only liable for debts arising before the death. Any clause to the contrary is deemed unwritten.
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