55 Liability of drawer or indorser
Bills of Exchange Act 1882 (1882 c 61) | Legislation

55  Liability of drawer or indorser

(1)     The drawer of a bill by drawing it—

(a)     Engages that on due presentment it shall be accepted and paid according to its tenor, and that if it be dishonoured he will compensate the holder or any indorser who is compelled to pay

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