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*BILLS OF EXCHANGE ACT 1949/Section 28

Malaysia legislation

Section 28

of *BILLS OF EXCHANGE ACT 1949

Section 28

(2)

An accommodation party is liable on the bill to a holder for value;

and it is immaterial whether, when such holder took the bill, he knew such party to be an accommodation party or not.

Holder in due course

Read in full context — *BILLS OF EXCHANGE ACT 1949 →
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