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Cap. 13 · Commercial Code (Cap. 13)

Cap. 13 Art. 155Where acceptor’s condition changes after acceptance of bill.

Sub-title I

En vigueurTexte officiel

Where, after the acceptance of the bill, it is proved that the acceptor’s condition, with regard to his commercial affairs, has so changed as to give rise to a reasonable fear that the bill will not be paid at maturity, it shall be lawful to demand against the drawer, the endorsers, and even against the acceptor himself, the same security as that mentioned in the last preceding article.