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Convention Providing a Uniform Law For Bills of Exchange and Promissory Notes
(Geneva, 1930) The League of Nations
copy @ Lex Mercatoria
The holder of a bill of exchange cannot be compelled to receive a payment thereof before maturity.
The drawee who pays before maturity does so at his own risk and peril. He who pays at maturity is validly discharged, unless he has been guilty of fraud or gross negligence. He is bound to verify the regularity of the series of endorsements, but not the signature of the endorsers.
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