Acts of the General Assembly of the Commonwealth of Kentucky, Passed |
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Page 102
... Or other grossly unprofessional or dishonor- able conduct of a character likely to deceive or defraud the public . The board may suspend or revoke a certificate for any of the causes for which it may refuse to 102 LAWS OF KENTUCKY .
... Or other grossly unprofessional or dishonor- able conduct of a character likely to deceive or defraud the public . The board may suspend or revoke a certificate for any of the causes for which it may refuse to 102 LAWS OF KENTUCKY .
Page 224
... dishonored , if such was the fact . ( 3 ) That he took it in good faith and for value . ( 4 ) That at the time it was negotiated to him he had no notice of any infirmity in the instrument or de- feet in the title of the person ...
... dishonored , if such was the fact . ( 3 ) That he took it in good faith and for value . ( 4 ) That at the time it was negotiated to him he had no notice of any infirmity in the instrument or de- feet in the title of the person ...
Page 226
... dishonored , and the neces- sary proceedings on dishonor be duly taken , he will pay the amount thereof to the holder , or to any subsequent indorser who may be compelled to pay it . But the drawer may insert in the instrument an ...
... dishonored , and the neces- sary proceedings on dishonor be duly taken , he will pay the amount thereof to the holder , or to any subsequent indorser who may be compelled to pay it . But the drawer may insert in the instrument an ...
Page 228
... dishonor be duly taken , he will pay the amount thereof to the holder , or to any subsequent indorser who may be compelled to pay it . $ 67. Where a person places his indorsement on an instrument negotiable by delivery he incurs all the ...
... dishonor be duly taken , he will pay the amount thereof to the holder , or to any subsequent indorser who may be compelled to pay it . $ 67. Where a person places his indorsement on an instrument negotiable by delivery he incurs all the ...
Page 231
... dishonored by non - pay- When dish nored . ment when : ( 1 ) It is duly presented for payment and payment is refused or can not be obtained ; or ( 2 ) Presentment is excused and the instrument is overdue and unpaid . § 84. Subject to ...
... dishonored by non - pay- When dish nored . ment when : ( 1 ) It is duly presented for payment and payment is refused or can not be obtained ; or ( 2 ) Presentment is excused and the instrument is overdue and unpaid . § 84. Subject to ...
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Other editions - View all
Common terms and phrases
acceptance act shall take ACT to amend ad valorem tax amend an act amend and re-enact amount appointed Approved March 21 Assembly Auditor of Public became a law Beckham Beckham county bill board of trustees bonds Boyd county certificate CHAPTER circuit court commissioners Commonwealth of Kentucky contract corporation County School Book county seat court clerk Crittenden county deemed dental dollars per annum drawee drawer duty election Elliott county enacted entitled An Act filed fiscal court fund Governor hereby amended hereby repealed hundred dollars indorsement instrument issued Kentucky Statutes levy liable license March 17 ment Monday monwealth of Kentucky negotiable negotiable instrument paid party payable person Public Accounts purpose read as follows receive record red clover registered residence School Book Commission sheriff take effect taxes thereto thousand dollars tion town treasurer tucky twelve juridical days warrant WHEREAS
Popular passages
Page 220 - An accommodation party is one who has signed the instrument as maker, drawer, acceptor or indorser, without receiving value therefor, and for the purpose of lending his name to some other person. Such a person is liable on the instrument to a holder for value, notwithstanding such holder at the time of taking the instrument knew him to be only an accommodation party.
Page 239 - Where a negotiable instrument is materially altered without the assent of all parties liable thereon, it is avoided except as against a party who has himself made, authorized or assented to the alteration and subsequent indorsers.
Page 213 - An instrument to be negotiable must conform to the following requirements: 1. It must be in writing and signed by the maker or drawer. 2. Must contain an unconditional promise or order to pay a sum certain in money ; 3.
Page 251 - Holder" means the payee or indorsee of a bill or note, who is in possession of it, or the bearer thereof...
Page 242 - Partial, that is to say, an acceptance to pay part only of the amount for which the bill is drawn ; 3.
Page 214 - An unqualified order or promise to pay is unconditional within the meaning of this Act, though coupled with: 1. An indication of a particular fund out of which reimbursement is to be made, or a particular account to be debited with the amount; or 2. A statement of the transaction which gives rise to the instrument; but an order or promise to pay out of a particular fund is not unconditional.
Page 244 - Notice of dishonor is not required to be given to an indorser in either of the following cases : 1. Where the drawee is a fictitious person or a person not having capacity to contract, and the indorser was aware of the fact at the time he indorsed the instrument; 2.
Page 237 - A negotiable instrument is discharged : 1. By payment in due course by or on behalf of the principal debtor ; 2. By payment in due course by the party accommodated, where the instrument is made or accepted for accommodation; 3. By the intentional cancellation thereof by the holder; 4. By any other act which will discharge a simple contract for the payment of money; • 6.
Page 242 - The holder may refuse to take a qualified acceptance, and if he does not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers are discharged from liability on the bill, unless they have expressly or impliedly authorized the holder to take a qualified acceptance, or subsequently assent thereto.
Page 217 - But if any such instrument, after completion, is negotiated to a holder in due course, it is valid and effectual for all purposes in his hands, and he may enforce it as if it had been filled up strictly in accordance with the authority given and within a reasonable time.