78: To whom payment should be made
The Negotiable Instruments Act · Federal Acts · Chapter VI · in_force
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Subject to the provisions of section 82, clause (c), payment of the amount due on a promissory note, bill of exchange or cheque must, in order to discharge the maker or acceptor, be made to the holder of the instrument.
Effective date: 1881-12-09
Related sections
77: Liability of banker for negligently dealing with bill presented for payment79: Interest or return in any other form when rate specified or not specified76: When presentment unnecessary80: Interest when no rate specified75A: Excuse for delay in presentment for acceptance or payment81: Delivery of instrument on payment, or indemnity in case of loss
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