NIA Section 134

Negotiable Instruments Act

US
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NIAChapter XVI

S. 134

Law governing liability of maker, acceptor or indorser of foreign instrument

Description

In the absence of a contract to the contrary, the liability of the maker or drawer of a foreign promissory note, bill of exchange or cheque is regulated in all essential matters by the law of the place where he made the instrument, and the respective liabilities of the acceptor and indorser by the law of the place where the instrument is made payable.

...More in Chapter XVI
By Raman Devgan
Updated: 16 Aug 2018
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