Negotiable Instruments Act — Section 17

Ambiguous instruments.—Where an instrument may be construed either as a promissory note or

17. Ambiguous instruments.—Where an instrument may be construed either as a promissory note or bill of exchange, the holder may at his election treat it as either, and the instrument shall be thenceforward treated accordingly.

Judgments citing Section 17

Text reproduced from the public statutes on which the corpus is built. Verify against the official Gazette before relying on it. This is statute reference, not legal advice.