Commonwealth Consolidated Acts

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BILLS OF EXCHANGE ACT 1909 - SECT 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.



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