A person desiring to accept for honour must, 1[by writing on the bill under his hand, declare that he accepts under protest the protested bill for the honour of the drawer or of a particular indorser whom he names, or generally for honour. 2 ***1. Subs. by s. 8, ibid., for in the presence of a notary public, subscribe the bill with his own hand, and. 2. The words and such declaration must be recorded by the notary in his register rep. by s. 8, ibid.
Chapter XI — OF ACCEPTANCE AND PAYMENT FOR HONOUR AND REFERENCE IN CASE OF NEED
Section 109
How acceptance for honour must be made.
Printed from Law on Tips • The Negotiable Instruments Act, 1881