Book1 Division07 Title21 Chapter02 Part06 03
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 VI. Payment.
3. Payment for honour.
Section 1074.
- [I] A bill of exchange accepted for honour must, on the day of maturity, be presented for payment first to the drawee.
- [II] If the drawee fails to pay it, the holder must, on the day of maturity or on the following day, present it for payment to the acceptor for honour.
- [III] If there is no acceptor for honour or if the acceptor for honour does not pay the holder must, within same period of time, present the bill for payment to the referee in case of need, if any.
《Genealogies》
Section 1075.
- If the acceptor for honour or the referee in case of need fails to pay the fact must be stated in the notice of dishonour.
《Genealogies》
- Draft of April 1924: 1106
- Code of January 1925: -
Section 1076.
- If the holder fails to proceed as prescribed in sections 1017 and 1018 he loses his right of recourse against the person who has named the referee in case of need, or against the person in whose favour acceptance for honour has been made, and against the parties subsequent to them.
《Genealogies》
- Draft of April 1924: 1107
- Code of January 1925: -
Section 1077.
- [I] If the bill of exchange is not paid on presentation, any person, even not a party to it, can pay it.
- [II] The holder cannot refuse such payment. If he refuses, he loses his right of recourse against the party for whom payment was offered and against the subsequent parties.
《Genealogies》
- Draft of April 1924: 1108
- Code of January 1925: -
Section 1078.
- Payment by an acceptor for honour or by a referee in case of need or by a third person is called payment for honour.
《Genealogies》
- Draft of April 1924: 1109
- Code of January 1925: -
Section 1079.
- If several persons offer to pay a bill of exchange for honour, the holder must accept that payment which will discharge the greatest number of persons from their obligations.
《Genealogies》
- Draft of April 1924: 1110
- Code of January 1925: -
Section 1080.
- If a payer for honour who is not a referee in case of need or an acceptor for honour does not name the person for whose honour he pays, such payment is deemed to be made for the honour of the drawee.
《Genealogies》
- Draft of April 1924: 1111
- Code of January 1925: -
Section 1081.
- The holder must enter the fact of the payment for honour on the Post Office receipt for the protest for non-payment if such protest has been made. The holder must on payment of the sum due and of the expenses for protest deliver to the payer for honour the Post Office receipt and the bill of exchange.
《Genealogies》
- Draft of April 1924: 1112
- Code of January 1925: -
Section 1082.
- The payer for honour must, within two days after date of payment, notify the payment to the person for whose honour he has paid and send the Post Office receipt for the protest, if any, to him.
《Genealogies》
- Draft of April 1924: 1113
- Code of January 1925: -
Section 1083.
- The payer for honour is subrogated to the rights which the holder had against the acceptor, the person for whose honour he has paid and the parties prior to such person.
《Genealogies》
- Draft of April 1924: 1114
- Code of January 1925: -
Section 1084.
- Sections 1046, 1047, 1048, 1050, 1052, 1053 and 1054 apply to payment for honour.
《Genealogies》
- Draft of April 1924: 1115
- Code of January 1925: -
