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Cap. 13 · Commercial Code (Cap. 13)

Cap. 13 Art. 158Acceptance for honour or by intervention.

Sub-title I

Van krachtOfficiële tekst

(1) Where a bill of exchange is protested for non-acceptance, any person, not being a party already liable thereon, may intervene and accept the bill for the honour of the drawer, or of one of the endorsers, with or without an order to that effect from such drawer or endorser.

(2) The drawee himself may, after the protest for non-acceptance, intervene as stranger as aforesaid.