130: Cheque bearing “not negotiable”
The Negotiable Instruments Act · Federal Acts · Chapter XIV · in_force
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A person taking a cheque crossed generally or specially, bearing in either case the words “not negotiable,” shall not have, and shall not be capable of giving, a better title to the cheque than that which the person from whom he took it had.
Effective date: 1881-12-09
Related sections
129: Payment of crossed cheque out of due course131: Non-liability of banker receiving payment of cheque128: Payment in due course of crossed cheque131A: Application of chapter to drafts127: Payment of cheque crossed specially more than once131B: Protection to banker crediting cheque crossed “account payee”
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