A person who pays a cheque without a stop payment is presumed to be validly discharged.
The drawee who pays an endorsable cheque is obliged to check the regularity of the series of endorsements, but not the signatures of the endorsers.
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 5: Presentation and payment | Article L131-38 of the French Monetary and Financial Code
A person who pays a cheque without a stop payment is presumed to be validly discharged.
The drawee who pays an endorsable cheque is obliged to check the regularity of the series of endorsements, but not the signatures of the endorsers.
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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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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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