NIA Section 13

Negotiable Instruments Act

US
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NIAChapter II

S. 13

Negotiable instrument

Description

  1. A “negotiable instrument” means a promissory note, bill of exchange or cheque payable either to order or to bearer.
  2. A negotiable instrument may be made payable to two or more payees jointly, or it may be made payable in the alternative to one of two, or one or some of several payees.
...More in Chapter II
By Raman Devgan
Updated: 16 Aug 2018
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