NIA Section 83 - Discharge by allowing drawee more than forty-eight hours to accept

[Legal Flag]

If the holder of a bill of exchange allows the drawee more than ¹[forty-eight] hours, exclusive of public holidays, to consider whether he will accept the same, all previous parties not consenting to such allowance are thereby discharge from liability to such holder.

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1. Subs. by Act 12 of 1921, s. 2, for twenty-four.

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