Book3 Title21 Chapter02 Part02

From Thai Codification Draft of 1924

DRAFT: CIVIL AND COMMERCIAL CODE FOR KINGDOM OF SIAM

BOOK III ON SPECIFIC CONTRACTS. (April 1924)

TITLE XXI. Bills.

Chapter II. Bills of Exchange.

Part II. Effects of a Bill of Exchange.
Section 1047.
  • The drawer 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 any indorser who has been compelled to pay it, provided that the requisite proceedings on non-acceptance or non-payment be duly taken.

《Genealogies》

  1. Draft of 1919: Ob.978
  2. Code of January 1925: 914
  3. Code of January 1929: 914
Section 1048.
  • The drawer may specify in the bill of exchange that he assumes no liability or only a limited liability under the bill.

《Genealogies》

  1. Draft of 1919: Ob.979
  2. Code of January 1925: 915
  3. Code of January 1929: 915
Section 1049.
  • The drawer may specify in the bill of exchange that he waives some or all of the duties of the holder.

《Genealogies》

  1. Draft of 1919: Ob.980
  2. Code of January 1925: 915
  3. Code of January 1929: 915
Section 1050.
  • A debtor under a bill of exchange can set up against a person who makes a claim under such bill the following defences only:
  • (1) Defences resulting from the provisions of this Title XXI.
  • (2) Defences which the debtor has personally against the claimant.

《Genealogies》

  1. Draft of 1919: Ob.981
  2. Code of January 1925: 916
  3. Code of January 1929: 916