Acts Online
GT Shield

Bills of Exchange Act, 1964 (Act No. 34 of 1964)

Chapter III

Unindorsed or irregularly indorsed instruments

92. Liability of maker


The maker of a note by making it—

(a) engages that he will pay it according to its tenor;
(b) is precluded from denying to a holder in due course the existence of the payee and his then capacity to indorse.