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Section 132. Acceptance; - Negotiable Instruments Law

Section 132. Acceptance; of Negotiable Instruments Law. Section 132. Acceptance; how made, and so forth.- The acceptance of a bill is the signification by the drawee of his assent to the order of the d

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

Negotiable Instruments Law

Section 132. Acceptance; how made, and so forth.- The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his promise by any other means than the payment of money.

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