UAE Commercial Transactions Law

UAE Commercial Transactions LawArticle 536 — Article (536)

Book Four: Commercial Papers · Part One: Bill of Exchange · Chapter Two: Negotiability of a Bill of Exchange: Article (529)

Where a person loses possession of a bill of exchange, the bearer shall not be bound to surrender it if he proves his right thereto in accordance with the preceding Article, save where he has acquired it in bad faith or if he had committed a gross fault in order to acquire it.

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