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Home › Bare Acts › Negotiable Instruments Act, 1881 › Section 33

Chapter III

Section 33 — Only drawee can be acceptor except in need or for honour

Negotiable Instruments Act, 1881 · Free to read

No person except the drawee of a bill exchange, or all or some of several drawees, or a person named therein as a drawee in case of need, or an acceptor for honour, can bind himself by an acceptance.

← Section 32: Liability of maker of note and acceptor of billSection 34: Acceptance by several drawees not partners →