← belizelaw.ai · Bills Of Exchange, Cap. 245 · PART V — General Duties of Holder of Bills and Liabilities of Parties
Funds in hands of drawee
Cap. 245, s. 54 · Revised Edition 2020
A bill, of itself, does not operate as an assignment of funds in the hands of the drawee available for the payment thereof, and the drawee of a bill who does not accept as required by this Act is not liable on the instrument.
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