Section 6: Due date.

I. – A bill of exchange may be drawn: 1° At sight; 2° At a certain sight period; 3° At a certain date period; 4° On a fixed day. II. – Bills of exchange, either at other maturities or at successive maturities, are void.

A sight bill is payable on presentation. It must be presented for payment within one year from its date. The drawer may shorten this period or stipulate a longer one. These time limits may be shortened by the endorsers. The drawer may prescribe that a bill of exchange payable at sight must not be presented for payment before a specified term. In this case, the time limit for presentation starts…

The maturity of a bill of exchange at a certain sight period is determined, either by the date of the acceptance or by that of the protest. In the absence of the protest, the undated acceptance is deemed, with respect to the acceptor, to have been given on the last day of the period provided for presentation at acceptance. The due date of a bill of exchange drawn at one…

When a bill of exchange is payable on a fixed day in a place where the calendar is different from that of the place of issue, the date of maturity is deemed to be fixed according to the calendar of the place of payment. When a bill of exchange drawn between two places having different calendars is payable on a certain date delay, the day of issue is brought back…