Cap. 13 Art. 134Protested bills.

(1) The holder of a bill which has been protested shall, in no case, be entitled to the funds supplied by the drawer or by the person for whose account the bill was drawn.

(2) If the bill has not been accepted, the funds supplied shall, in case of bankruptcy of the party supplying them, revert to his estate.

(3) If the bill has been accepted, the funds supplied shall remain with the acceptor, subject to his obligation of paying the holder of the bill.