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NEGOTIABLE INSTRUMENTS LAW.

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NOTE.

No changes were made by the consolidators to the Negotiable Instruments Law except to renumber the articles and change here and there the wording of an article or section heading. No material was added to the law and the section numbers were not changed. Therefore it has not been necessary to prepare any tables, nor to insert any derivation notes under the sections.

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NEGOTIABLE INSTRUMENTS LAW.

(La 1909, CHAP. 43, BEING CHAP. 38 OF THE CONSOLIDATED LAWS. IN EFFECT FEB. 17, 1909.)

ARTICLE 1. Short title; definitions (§§ 1, 2). 2. General provisions (§§ 3-7).

3. Form and interpretation (§§ 20-42).

4. Consideration (§§ 50-55).

5. Negotiation (§§ 60-80).

6. Rights of holder (§§ 90-98).

7. Liabilities of parties (§§ 110-119).

8. Presentment for payment (§§ 130-148).

9. Notice of dishonor (§§ 160-189).

10. Discharge (§§ 200-206).

11. Bills of exchange; form and interpretation (§§ 210-216).

12. Acceptance (§§ 220-230).

13. Presentment for acceptance (§§ 240-248).

14. Protest (§§ 260-268).

15. Acceptance for honor (§§ 280-289).

16. Payment for honor (88§ 300-306).

17. Bills in sets (§§ 310-315).

18. Promissory notes and checks (§§ 320–326).

19. Notes given for patent rights and for a speculative consideration (§§ 330–332).

20. Laws repealed; when to take effect (§§ 340-341).

ARTICLE 1.

SHORT 'ITLE; DEFINITIONS.

SECTION 1. Short title.

2. Definitions.

§ 1. Short title.

This chapter shall be known as the "Negotiable Instruments Law."

§ 2. Definitions.

In this chapter, unless the context otherwise requires:

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Acceptance means an acceptance completed by delivery or notification.

"Action" includes counter-claim and set-off.

"Bank" includes any person or association of persons carrying on the business of banking, whether incorporated or not.

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