Unless otherwise agreed, the endorser guarantees payment.
The endorser may prohibit further endorsement; in this case, the endorser is not liable to any person to whom the cheque is subsequently endorsed.
Home | French Legislation Articles | French Monetary and Financial Code | Legislative part | Book I: Money | Title III: Cashless money instruments | Chapter I: Bank and postal cheques | Section 3: Transmission | Article L131-21 of the French Monetary and Financial Code
Unless otherwise agreed, the endorser guarantees payment.
The endorser may prohibit further endorsement; in this case, the endorser is not liable to any person to whom the cheque is subsequently endorsed.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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