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Section 108: Acceptance for honour.

The Negotiable Instruments Act, 1881Central Act · Act 26 of 1881

When a bill of exchange has been noted or protested for nonacceptance or for better security, any person not being a party already liable thereon may, with the consent of the holder, by writing on the bill, accept the same for the honour of any party thereto. ***

Where this provision sits

ActThe Negotiable Instruments Act, 1881
Section108
Marginal noteAcceptance for honour.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • repealed. . The second sentence rep. by s. 7, ibid,.

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