Section 5: Presentation and payment

In the event of a refusal to pay, on the request made pursuant to Article L. 131-40, the owner of the lost cheque retains all his rights by means of a protest deed. This protest must be made no later than the first working day following the expiry of the presentation period. The notices prescribed by article L. 131-49 must be given to the drawer and endorsers within the time…

To obtain a second lost cheque, the owner of the cheque must contact the immediate endorser, who is required to lend his name and care to act towards his own endorser, going from endorser to endorser right up to the drawer of the cheque. The owner of the lost cheque bears the costs.

The guarantor’s undertaking referred to in article L. 131-40 is extinguished after six months if, during that time, there have been no claims or legal proceedings.