Colombian Commercial Code - Decree 410 of 1971 - Book III - Of Commercial Property - Title III - Securities - Chapter V - Different species of Securities - Section I - Bill of Exchange - Subsection II - Acceptance - From: Art . 680 By: Art 690
COLOMBIAN COMMERCIAL CODE Subsection II Acceptance Article 680 .- Points due to a certain day after the hearing must be submitted for acceptance within the year following its date, unless the drawer extends that time limit or prohibit its presentation before a certain time. Either shorten the period required and consigning them to the letter. Article 681 .- The presentation for the acceptance of bills drawn on a certain day after the date will be facultative, but the spinner tells you to in the title, you can make it mandatory and signal a time for it to do. The drawer may also prohibit the presentation before a certain time, if I state so in the letter. When authority is presentation of the bill, the holder may make more than the last business day prior to maturity. Article 682 .- The letter must be presented for acceptance at the designated location and address on it. In the absence of indication, the presentation will be made in the establishme...