The amount, date and name of the recipient of a negotiable instrument cannot be changed. An instrument with each modification is null and void. Article 16 In order to exercise or preserve its rights to a negotiable instrument against the person in charge of the document, the holder must do so on the person`s premises during opening hours or at his home, in the absence of commercial premises. If the holder suffers losses intentionally due to a late payment, the tenant is liable for the losses under the law. Any approval that transfers a portion of the amount payable by the exchange or separately transfers the amount payable by the invoice to two or more lakes of Endorsee is void. Article 62 In the exercise of the right of appeal, the holder must provide proof of non-acceptance or non-payment. A negotiable instrument is a signed document that promises a payment amount to a person or agent. In other words, it is a formalized type of IOU: a signed negotiable document that promises to pay a sum of money to the institution at a later date or at the request. The recipient of the payment must be identified or indicated on the device.
A negotiable instrument is a document guaranteeing payment of a certain amount of money, either on request or on a specific date, the payer of which is usually indicated on the document. Specifically, it is a document contemplated by a contract or a contract that promises the payment of the money unconditionally, which can be paid either on request or later. The term has different meanings, depending on the use of the term used for the application of different laws and depending on the country and context in which it is used. Article 3 In the case of activities involving negotiable instruments, individuals must respect laws and administrative provisions and not endanger public interests. Article 6 if a person who does not have or does not have limited capacity for civil action signs a negotiable instrument, the signature is void, which does not affect the effect of the signatures of others. The right to a negotiable instrument, as used in this Act, means the right of a holder to demand payment of the amount payable by the person responsible for the negotiable deed, including the right to payment and the right to appeal. In addition to the provisions of this chapter, the provisions of Sections 24 and 26 of this Act apply to the issuance of cheques. Article 2 This Act applies to activities relating to negotiable instruments carried out in the territory of the People`s Republic of China. “endorsement,” writing relevant information and signing on the back of an exchangeable instrument or on an extension. Article 108 Exchanges, notes and cheques are unified. Article 7 The signature on a negotiable instrument means an autograph, seal or autograph with a seal.
Article 103 Any person who commits an act covered in the previous paragraph is, if the case is minor and does not constitute a criminal offence, to an administrative sanction, in accordance with state rules. Article 22 The following information must be provided during a change: The rights of a holder under a transferable instrument are greater than those of the types of ordinary contracts as legal issues: transferable instruments are transferable, so that the holder can use the funds in cash or appropriately for the transaction or according to his preferences. The amount of the fund mentioned in the document contains a rating on the amount promised and must be paid in full either on request or at some point. A negotiable instrument can be transferred from one person to another. After the transfer of the instrument, the holder receives a complete title on the instrument.