Acts1 min read
Section 24Sec./Art. 24
Personal notes Saved on this device
0 / 5,000 charactersReport page issue
Answer First
Primary Text
Presumption of consideration.-Every negotiable instrument is deemed prima facie to have been issued for a valuable consideration; and every person whose signature appears thereon to have become a party thereto for value.
Use With Care
Definitions and exceptions often appear before or after this text.
Court decisions may interpret, limit, or apply this provision.
Confirm amendment, repeal, effectivity, and official publication.