Negotiable Instruments Act — Section 36

Liability of prior parties to holder in due course.—Every prior party to a negotiable instrument

36. Liability of prior parties to holder in due course.—Every prior party to a negotiable instrument

is liable thereon to a holder in due course until the instrument is duly satisfied.

Judgments citing Section 36

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.