Any bearer of a bill of exchange has the right to make copies of it. The copy must reproduce exactly the original with the endorsements and all other particulars appearing thereon. It must indicate where it stops. It may be endorsed and guaranteed in the same manner and with the same effects as the original.
The copy must name the holder of the original document of title. The latter is bound to deliver the said document of title to the lawful bearer of the copy. If he refuses to do so, the bearer may exercise recourse against the persons who have endorsed or endorsed the copy only after having it established by a protest that the original has not been delivered to him at his…
If the text of a bill of exchange is altered, signatories subsequent to the alteration are bound by the terms of the altered text; earlier signatories are bound by the terms of the original text.
All actions arising from the bill of exchange against the acceptor shall be barred after three years from the due date. The bearer’s actions against the endorsers and against the drawer shall be barred after one year from the date of the protest drawn up in due time or from the due date, in the case of a no-cost return clause. Actions by endorsers against each other and against the…
Payment of a bill of exchange due on a legal holiday may only be demanded on the first working day thereafter. Similarly, all other acts relating to the bill of exchange, in particular presentation for acceptance and protest, may only be performed on a working day. Where one of these acts must be performed within a certain period, the last day of which is a legal public holiday, that period…
Legal public holidays are assimilated to days on which, under the laws in force, no payment may be demanded, nor any protest drawn up.
Legal or conventional time limits do not include the day from which they begin to run. No legal or judicial day of grace is allowed except in the cases provided for by articles L. 511-38 and L. 511-50.
I. – The promissory note contains; 1° The promissory clause or the name of the security inserted in the text itself and expressed in the language used for the drafting of this security; 2° The pure and simple promise to pay a specified sum; 3° The indication of the due date ; 4° That of the place where payment is to be made; 5° The name of the person to…
A document of title lacking one of the statements specified in I of Article L. 512-1 is not valid as a promissory note, except in the cases specified in II to IV of Article L. 512-1.
The provisions of articles L. 511-2 to L. 511-5, L. 511-8 to L. 511-14, L. 511-18, L. 511-22 to L. 511-47, L. 511-49 to L. 511-55, L. 511-62 to L. 511-65, L. 511-67 to L. 511-71, L. 511-75 to L. 511-81, relating to bills of exchange.
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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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