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SourceLaw Dictionary Browse Letter A

Acceptor

Legal definition for Indian law research

Definition

Acceptor, After the drawee of bill has signed his assent upon the bill, or if there are more parts thereof than, one upon one of such parts, and delivered the same, or given notice of such signing to the holder or to some person on his behalf, he is called the acceptor. [Negotiable Instruments Act, 26 of 1881, s. 7)

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

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