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According to the Negotiable Instruments Law of the People's Republic of China (2004 Revision)If an endorser writes the words "Not Transferable" on a bill of exchange and the bill of exchange is transferred by endorsement by the subsequent party, the original endorser shall not bear the liability of guarantee to the endorsee of the subsequent party.
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According to the Negotiable Instruments Law of the People's Republic of China (2004 Revision)If an endorsement bears the words "For collection", the endorsee has the right to exercise the rights to the bill of exchange commissioned on behalf of the endorser. But the endorsee shall not re-endorse over the bill to others.
According to the Negotiable Instruments Law of the People',s Republic of China (2004 Revision)If an endorsement bears the words "For collection", the endorsee has the right to exercise the rights to the bill of exchange commissioned on behalf of the endorser. But the endorsee may re-endorse over the bill to others.
According to the Negotiable Instruments Law of the People's Republic of China (2004 Revision)A bill of exchange may be pledged. In pledging a draft, the word " Pledge" shall be written in the form of endorsement. When realizing of the pledge right according to law, the endorsee may exercise the rights to the bill of exchange.
According to the Negotiable Instruments Law of the People's Republic of China (2004 Revision)A bill of exchange may be pledged. In pledging a draft, the word " Pledge" shall be written in the form of endorsement. When realizing of the pledge right according to law, the endorsee cannot exercise the rights to the bill of exchange.
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