91
CurrentJoint and several notes
Part IVPromissory notes
91 Joint and several notes
(1)
A promissory note may be made by two or more makers, and they may be liable thereon jointly, or jointly and severally, according to its tenor.
(2)
Where a note runs “I promise to pay” and is signed by two or more persons it is deemed to be their joint and several note.
This Act’s bill:Second reading speech
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