Colombian Commercial Code - Decree 410 of 1971 - Book III - Of Commercial Property - Title III - Securities - Chapter V - Different species of Securities - Section VII - bills of exchange - From: Section 772 By: Art 779
COLOMBIAN COMMERCIAL CODE Sectio n VII Bills of exchange Article 772 . - Exchange bill of sale is a negotiable instrument that the seller can deliver and deliver or refer to the buyer. You can not escape exchange invoice that does not correspond to an actual sale of real and material goods delivered to the buyer. Article 773 .- Once the invoice currency is accepted by the buyer will be considered against third parties in good faith free of guilt that the contract of sale has been duly executed in the manner set forth in the title. Article 774 .- The exchange bill of sale must also contain the requirements laid down in Article 621, the following: 1. The mention of being "exchange bill of sale"; 2. The number of the title; 3. The name and address of the purchaser; 4. The names and identifying characteristics of goods sold and record its actual delivery and material; 5. The unit price and total value thereof, and 6. The expression ...