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Cap. 13 · Commercial Code (Cap. 13)

Cap. 13 Art. 272Effects of death, disability or bankruptcy of party to an account current.

TITLE VIII

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The death, or the supervening disability, or the bankruptcy of a party to an account current shall not operate so as to determine the contract, unless the heir, or representative, or the other party to the account, as the case may be, elects to determine the contract by means of a judicial intimation to that effect within three months from the happening of any of the aforesaid events.