Code of Alabama, 1975: With Provision for Subsequent Pocket Parts, Volumen6West Group, 1977 |
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Página 258
... draft is drawn under a credit issued by the drawee , the drawee of an international sight draft owes the drawer no duty to pay an unadvised draft , but , if it does so and the draft is genuine , may appropriately debit the drawer's ...
... draft is drawn under a credit issued by the drawee , the drawee of an international sight draft owes the drawer no duty to pay an unadvised draft , but , if it does so and the draft is genuine , may appropriately debit the drawer's ...
Página 312
... draft for a customer . " Documentary draft " is defined in Section 7-4-104 . Notice that the duty stated exists even when the bank has bought the draft . This is because to the customer the draft normally represents an underlying ...
... draft for a customer . " Documentary draft " is defined in Section 7-4-104 . Notice that the duty stated exists even when the bank has bought the draft . This is because to the customer the draft normally represents an underlying ...
Página 325
... draft or demand for payment under a credit relinquishes upon its honor all claims to the documents and a person by transferring such draft or demand or causing such presentment authorizes such relinquishment . An explicit reservation of ...
... draft or demand for payment under a credit relinquishes upon its honor all claims to the documents and a person by transferring such draft or demand or causing such presentment authorizes such relinquishment . An explicit reservation of ...
Contenido
VOLUME | 6 |
GENERAL PROVISIONS | 7 |
Cross reference | 20 |
Derechos de autor | |
Otras 19 secciones no mostradas
Términos y frases comunes
5th Cir acceptance action agent Alabama ALR2d ALR3d applies Article assignment bailee bill of lading bona fide purchaser breach buyer chattel paper claim Collateral references collecting bank COMMENT Prior uniform commission contract for sale creditors damages debt debtor defense Definitional cross references delivery discharge document of title draft drawee drawer due course effect enforce faith filing financing statement former law holder in due indorsement issued issuer liability lien maker mortgage Nat'l Bank Negotiable Instruments Law notice of dishonor notification obligation OFFICIAL COMMENT Prior original Section payable payee payment payor bank person Point possession principal Prior uniform statutory Purposes of changes reasonable Receipts Act registration remedies rule secured party Secured Transactions security interest seller signature specific performance statute of frauds subrogation subsection surety transfer transferor Uniform Commercial Code Uniform Sales Act uniform statutory provision usurious Warehouse Receipts warranty