Cap. 13 ст. 227Protest for non- acceptance, etc., does not excuse holder from making protest for non-payment.

(1) The protest for non-acceptance, or the death or bankruptcy of the party on whom the bill is drawn, shall not excuse the holder from protesting the bill in case of non-payment.

(2) Where the acceptor becomes bankrupt before the bill falls due, the holder may protest the bill and exercise his right of recourse.