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THE NEGOTIABLE INSTRUMENTS ACT, 1881


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48. Negotiation by endorsements
 

Subject to the provisions of section 58, a promissory note, bill of exchange or cheque l[payable to order], is negotiable by the holder by endorsement and delivery thereof.

 

1. Substituted by Act 8 of 1919, sec. 4, for "payable to the order of a specified person, or to a specified person or order".

 



 

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