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Cap. 13 · Commercial Code (Cap. 13)

Cap. 13 Art. 159Order of preference where several persons offer to accept for honour.

Sub-title I

In KraftAmtlicher Text

Where several persons offer to accept for honour, the following shall have the preferences:

(a) those who intervene for the drawer or for the party for whose account the bill is drawn;

(b) those who intervene for the endorsers according to the order of the endorsements.