Bare ActsThe NEGOTIABLE INSTRUMENTS ACT, 1881

Section 36

Liability of prior parties to holder in due course

Amendment status not verified — confirm the current text below against the official source.

Liability of prior parties to holder in due course.—Every prior party to a negotiable instrument is liable thereon to a holder in due course until the instrument is duly satisfied.

Section 36 – The NEGOTIABLE INSTRUMENTS ACT, 1881 | DailyLaw.ai