Legislative Dictionary - A

Judicial Dictionary


Legislative Dictionary


Acceptor

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CategoryA
TitleAcceptor
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After the drawee of a bill has signed his assent upon the bill, or, if there are more parts thereof than one, upon one of such parts, and delivered the same, or given notice of such signing to the holder or to some person on his behalf, he is called the "acceptor".

[See, section 7, the Negotiable Instruments Act, 1881 (Act No. XXV of 1881)].
Created OnDecember 19, 2010, 11:22 AM
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