Requirement to protest foreign bills: protest is mandatory where local drawal law requires it to preserve remedies. Foreign bills of exchange drawn in another jurisdiction must be protested for dishonour when protest is required by the law of the place where they are ... Summary
Requirement to protest foreign bills: protest is mandatory where local drawal law requires it to preserve remedies.
Foreign bills of exchange drawn in another jurisdiction must be protested for dishonour when protest is required by the law of the place where they are drawn, creating a territorial compliance obligation that conditions preservation of rights on observance of local protest procedures.
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