Acceptor the holder at maturity

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When the acceptor of a bill is or becomes the holder of it at or after maturity, in the acceptor’s own right, the bill is discharged.

5 Parts

s.61Acceptor the holder at maturity— Bills of Exchange Act (2021 Revision)

Section 61Part 2 — Bills of Exchange

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When the acceptor of a bill is or becomes the holder of it at or after maturity, in the acceptor’s own right, the bill is discharged.