107: Reasonable time for transmitting such notice
The Negotiable Instruments Act · Federal Acts · Chapter X · in_force
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A party receiving notice of dishonour, who seeks to enforce his right against a prior party, transmits the notice within a reasonable time if he transmits it within the same time after its receipt as he would have had to give notice if he had been the holder. OF ACCEPTANCE AND PAYMENT FOR HONOUR AND REFERENCE IN CASE OF NEED.
Effective date: 1881-12-09
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