113: Payment for honour
The Negotiable Instruments Act · Federal Acts · Chapter XI · in_force
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When a bill of exchange has been noted or protested for non- payment, any person may pay the same for the honour of any party liable to pay the same, provided that the person so paying [or his agent in that behalf] has previously declared before a notary public the party for whose honour he pays, and that such declaration has been recorded by such notary public.
Effective date: 1881-12-09
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