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Section 2. Certainly as to sum ; what constitutes - Negotiable Instruments Law

Section 2. Certainly as to sum ; what constitutes of Negotiable Instruments Law. Section 2. Certainly as to sum ; what constitutes.-The sum payable sum is a sum certain within the meaning of this Act, although it is to be paid

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

Negotiable Instruments Law

Section 2. Certainly as to sum ; what constitutes.-The sum payable sum is a sum certain within the meaning of this Act, although it is to be paid-

(a) With interest; or

(b) By stated installments or

(c) By stated installments, with a provision that upon default in payment of any installment or of interest the whole shall become due; or

(d) With exchange, whether at a fixed rate or at the current rate; or

(e) With costs of collection or an attorney's fee, in case payment shall not be made at maturity.

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