1. The drawer of a bill of exchange may stipulate that the same be presented for acceptance on a specific date or without specifying any date. 2. The drawer may stipulate that the bill be not presented for acceptance, unless it falls payable with a person other than the drawee or in a place other than his domicile or payable after specific period from sight. 3. He may also stipulate not to be presented for acceptance before a specified time limit. 4. Every endorser may stipulate that the bill of exchange must be presented for acceptance on a specified date or any date without specification, unless the drawer had stipulated that it must not be presented for acceptance.
Interpretation and application must be checked against the official text and current version.