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SourceLaw Dictionary Browse Letter M

Maturity

Legal definition for Indian law research

Definition

Maturity, the maturity of a promissory note or bill of exchange is the date at which it falls due. [Nego-tiable Instruments Act, 1881 (26 of 1881), s. 22]

--the time when a bill of exchange or promissory note becomes due.

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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