1. An endorsement after the date of maturity shall produce the same effects as an endorsement prior to such date; however, an endorsement subsequent to a non-payment protest or after the expiry of the time limit set by the Law for making the protest shall only produce the same effects as for the transfer of right. 2. An endorsement which does not bear a date shall be deemed to have been made before the expiry of the time limit fixed for the protest, unless the contrary is proved.
Interpretation and application must be checked against the official text and current version.