1924th Book3 Title21 Chapter02 Part04
From Thai Codification Codes of 1925
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".
Section 1066.
- The holder of a bill of exchange is entitled to present it at any time for acceptance to the drawee, unless there be a clause in the bill forbidding presentation for acceptance.
- Thai translation: P.86/247
《Genealogies》
Section 1067.
- [I] The holder of a bill of exchange payable at the end of a period after sight must present it for acceptance within one year from its date, or, if the drawer has specified a shorter time, within such time.
- [II] If the holder fails to present the bill for acceptance within the above mentioned period, he loses his rights under the bill against the prior indorsers.
- Thai translation: P.86/247
《Genealogies》
Section 1068.
- If the drawee does not refuse to accept the bill of exchange on presentation, he is allowed till midday on the following day, to seek out the holder and accept it.
- Thai translation: P.86/247
《Genealogies》
Section 1069.
- Acceptance is made by a declaration of acceptance written on the bill of exchange with the signature of the drawee.
- Thai translation: P.86/250
《Genealogies》
Section 1070.
- If the drawee merely puts his signature on the bill of exchange, he is deemed to have accepted it.
- Thai translation: P.86/250
《Genealogies》
Section 1071.
- If the bill of exchange is payable at the end of a period after sight, the acceptance must be dated.
- Thai translation: P.86/250
《Genealogies》
Section 1072.
- If the drawee omits to date his acceptance, any person
canmay date it.
- Collaboration of Dr.James, 4th instalment, September 1923, P.41/113
- Thai translation: P.86/250
《Genealogies》
Section 1073.
- If the acceptance is not dated, the last day of the period fixed for acceptance is deemed to be the day of acceptance.
- Thai translation: P.86/250
《Genealogies》
Section 1074.
- The drawee may
cannot cancel his acceptance.
- Collaboration of Dr.James, 4th instalment, September 1923, P.41/113
- Thai translation: P.86/251
《Genealogies》
Section 1075.
- The drawee may limit his acceptance to a part of the sum payable.
- Thai translation: P.86/251
《Genealogies》
Section 1076.
- If the drawee subjects his acceptance to any
otherlimitation other than that provided for in section 1006 [1075]to part of the sum payable, acceptance is deemed to be refused.
- Collaboration of Dr.James, 4th instalment, September 1923, P.41/114
- Thai translation: P.86/251
《Genealogies》
Section 1077.
- By acceptance the drawee becomes bound to pay the amount accepted on the day of maturity of the bill of exchange.
- Thai translation: P.86/251
《Genealogies》
