Book1 Division07 Title21 Chapter02 Part03
From Thai Codification Draft of 1919
DRAFT: CIVIL AND COMMERCIAL CODE FOR KINGDOM OF SIAM.
- The today existing (probably) only copy of its publication is in possession of the main library of Bangkok University. The detailed information and images of the original sources are available on the Centennial Website.
- The detailed information about the genealogical relations between the Draft 1919, Codes of 1923, Codes of 1925, and Code of 1992 is available at the "French Advisers' Heritage".
BOOK ON OBLIGATIONS.
DIVISION VII. SPECIFIC CONTRACTS.
TITLE XXI. Bills.
Chapter II. Bill of Exchange.
Part III. Transfer and indorsement.
Section 982.
- A bill of exchange issued to a named payee may be transferred by indorsement unless the drawer of the bill has inserted in it a clause forbidding indorsement.
《Genealogies》
- Draft of April 1924: 1051
- Code of January 1925: 917(II)(III)
Section 983.
- A bill of exchange payable to bearer is transferred by mere delivery. It may be also transferred by indorsement.
《Genealogies》
Section 984.
- Any person, even if drawer, acceptor or prior indorser, who acquires a bill of exchange by indorsement, may again transfer it by indorsement.
《Genealogies》
Section 985.
- An indorsement is made by writing the name or trade name of the indorsee on the bill of exchange, with the signature of the indorser.
《Genealogies》
- Draft of April 1924: 1054
- Code of January 1925: -
Section 986.
- An indorsement may also be made by the mere signature of the indorser on the back of the bill of exchange. Such indorsement is called blank indorsement.
《Genealogies》
Section 987.
- [I] A bill of exchange bearing a blank indorsement may be transferred by mere delivery.
- [II] Any holder of a bill bearing a blank indorsement can fill up the indorsement.
《Genealogies》
Section 988.
- When a bill of exchange payable to bearer has been transferred by indorsement, the bill ceases to be payable to bearer until it is indorsed to bearer or indorsed in blank.
《Genealogies》
Section 989.
- An indorser may, in indorsing the bill of exchange, insert a referee in case of need at the place of payment.
《Genealogies》
- Draft of April 1924: 1058
- Code of January 1925: -
Section 990.
- Indorsement must be for the whole amount of the bill of exchange. A partial indorsement is void.
《Genealogies》
Section 991.
- The indorser of a bill of exchange engages that it shall be accepted and paid according to its tenor and that, if it be dishonoured by non-acceptance or non-payment, he will pay it to the holder or to a subsequent indorser who has been compelled to pay it, provided that the requisite proceeding on non-acceptance or non-payment be duly taken.
《Genealogies》
- Draft of April 1924: 1060
- Code of January 1925: -
Section 992.
- An indorser may, in indorsing the bill of exchange, specify that he assumes no liability or only a limited liability under the bill.
《Genealogies》
- Draft of April 1924: 1061
- Code of January 1925: -
Section 993.
- If an indorser specifies that he forbids further indorsements, he incurs no liability under the bill of exchange to subsequent indorsers.
《Genealogies》
Section 994.
- If the holder of a bill of exchange indorses it after the time for protest for non-acceptance or non-payment has elapsed, the indorsee acquires only the rights of his indorser.
《Genealogies》
Section 995.
- A holder can by indorsement pledge the bill of exchange or give an authority to another person to collect it. The purpose of such indorsement must be stated on the bill.
《Genealogies》
Section 996.
- Whenever a bill of exchange has been indorsed for pledge or collection, the indorsee cannot indorse it, except for the same purpose.
《Genealogies》
