1. The form of a bill of exchange shall be governed by the Law of the state where it is drawn up. 2. The capacity of the obligor of a bill of exchange shall be determined according to the law of his country, and where such law refers to that of another State, the latter shall be applicable. 3. Where the applicable Law considers the obligor as a person lacking legal capacity, his obligation under the bill shall nevertheless remain valid if he affixed his signature thereto in a state whose law considers the obligor a person with full capacity.
Interpretation and application must be checked against the official text and current version.
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