Art. 134 Protested bills. — COMMERCIAL CODE

(1) The holder of a bill which has been protested shall, in

no case, be entitled to the funds supplied by the drawer or by the

person for whose account the bill was drawn.

(2) If the bill has not been accepted, the funds supplied shall, in

case of bankruptcy of the party supplying them, revert to his estate.

(3) If the bill has been accepted, the funds supplied shall

remain with the acceptor, subject to his obligation of paying the

holder of the bill.

← Art. 133 Acceptance implies supply of funds. COMMERCIAL CODE Art. 135 When drawer prohibits transfer of bill. →