Indiana Statutes

§ 26-2-3-7 — Damages payable on protest for nonpayment or nonacceptance of bill of exchange

Indiana § 26-2-3-7
JurisdictionIndiana
Title 26COMMERCIAL LAW
Art. 2COMMERCIAL TRANSACTIONS
Ch. 3Negotiable Instruments

This text of Indiana § 26-2-3-7 (Damages payable on protest for nonpayment or nonacceptance of bill of exchange) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 26-2-3-7 (2026).

Text

Damages payable on protest for nonpayment or nonacceptance of a bill of exchange, drawn or negotiated within this state, shall be, if drawn upon any person at any place out of this state, but within the United States, five per cent (5%), but if upon any person at any place without the United States, ten per cent (10%) on the principal of such bill. Formerly: Acts 1861, c.75, s.7.

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Bluebook (online)
Indiana § 26-2-3-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/26-2-3-7.