Book1 Division07 Title21 Chapter02 Part01

From Thai Codification Draft of 1919

DRAFT: CIVIL AND COMMERCIAL CODE FOR KINGDOM OF SIAM.

BOOK ON OBLIGATIONS.

DIVISION VII. SPECIFIC CONTRACTS.

TITLE XXI. Bills.

Chapter II. Bill of Exchange.
Part I. Drawing of a bill of exchange.
Section 964.
  • A bill of exchange is a written instrument by which a person, called the drawer, orders another person, called the drawee, to pay a sum of money to, or to the order of, a person called the payee.

《Genealogies》

  1. Draft of April 1924: 1034
  2. Code of January 1925: 908
Section 965.
  • A bill of exchange must be dated, signed by the drawer, and must contain the following particulars :
  • (1) A sum certain in money.
  • (2) The name or trade name of the drawee.
  • (3) The name or trade name of the payee.
  • (4) An unconditional order to pay.
  • (5) A day of maturity.
  • (6) The place of payment.

《Genealogies》

  1. Draft of April 1924: 1035
  2. Code of January 1925: 909
Section 966.
  • The sum must be expressed at least once in letters.

《Genealogies》

  1. Draft of April 1924: 1036
  2. Code of January 1925: -
Section 967.
  • If the sum is expressed in letters and figures and the two expressions do not agree, the bill of exchange is good for the sum expressed in letters.

《Genealogies》

  1. Draft of April 1924: 1037
  2. Code of January 1925: -
Section 968.
  • If the sum is expressed several times in letters and the several expressions do not agree, the bill of exchange is good for the lowest sum only.

《Genealogies》

  1. Draft of April 1924: 1038
  2. Code of January 1925: -
Section 969.
  • A stipulation as to interest in a bill of exchange is valid.

《Genealogies》

  1. Draft of April 1924: 1039
  2. Code of January 1925: 911
Section 970.
  • A person can draw a bill of exchange payable to himself or to his order.

《Genealogies》

  1. Draft of April 1924: 1040
  2. Code of January 1925: 912
Section 971.
  • A person can draw a bill of exchange upon himself.

《Genealogies》

  1. Draft of April 1924: 1041
  2. Code of January 1925: 912
Section 972.
  • A bill of exchange can be drawn payable to bearer.

《Genealogies》

  1. Draft of April 1924: 1042
  2. Code of January 1925: -
Section 973.
  • The drawer can insert in the bill of exchange a referee in case of need at the place of payment.

《Genealogies》

  1. Draft of April 1924: 1043
  2. Code of January 1925: -
Section 974.
  • The maturity of the bill of exchange must be:
  • (1) On a fixed day, or
  • (2) At the end of a fixed period after the date of the bill, or
  • (3) On demand, or at sight, or
  • (4) At the end of a fixed period after sight.

《Genealogies》

  1. Draft of April 1924: 1044
  2. Code of January 1925: 913
Section 975.
  • If the drawer has not specified the maturity in the bill of exchange, the bill is payable on demand.

《Genealogies》

  1. Draft of April 1924: 1045
  2. Code of January 1925: -
Section 976.
  • A document which complies with the requirements of the present part is a bill of exchange within the meaning of this Code.

《Genealogies》

  1. Draft of April 1924: -
  2. Code of January 1925: 910
Section 977.
  • A document which does not comply with the requirements of the present part is not a bill of exchange within the meaning of this Code.

《Genealogies》

  1. Draft of April 1924: 1046
  2. Code of January 1925: -