§ 392. Damages on protested bills of exchange to be in lieu of interest, etc.
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 56 P.S. Negotiable Instruments
56 P.S. § 392
§ 392. Damages on protested bills of exchange to be in lieu of interest, etc.
The damages which by this act are to be recovered upon any bill of exchange, shall be in lieu of interest and all other charges, except the charges of protest, to the time when notice of the protest and demand of payment shall have been given and made as aforesaid: and the amount of such bill, and of the damages payable thereon, as specified in this act, shall be ascertained and determined by the rate of exchange, or value of the money or currency mentioned in such bill at the time of notice of protest and demand of payment as before mentioned.
Credits
1821, March 30, P.L. 156, 7 Sm.L. 435, § 2.
56 P.S. § 392, PA ST 56 P.S. § 392
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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