Dutch Legislation

Article 160

in force

Of bills of exchange and promissory notes · Of intervention · § Payment by intervention

Commercial Code (Wetboek van Koophandel) — Book 1 · Book 1 Of trade in general · Title 6 · Section 8 · § 3 · In force since 1934-01-01

Source

The holder who refuses to accept payment by intervention loses his right of recourse against those who would have been discharged thereby.

De houder, die weigert de betaling bij tusschenkomst aan te nemen, verliest zijn recht van regres op hen, die daardoor zouden zijn bevrijd.