Book3 Title21 Chapter02 Part02

DRAFT: CIVIL AND COMMERCIAL CODE FOR KINGDOM OF SIAM

BOOK III ON SPECIFIC CONTRACTS. (April 1924)

• Reconstructed from the Documents in Vols. 86, 87, 88, and 89 of “The Archives of the History of Thai Codification”.
• For the details, please, refer to the "Introductory Notes" to the "Reconstructed Book III on Specific Contracts".

TITLE XXI. Bills.

Chapter II. Bills 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