1. The maturity date of a bill of exchange payable after a fixed period after sight shall be calculated as from the date of acceptance or from the date of protest. 2. Where no protest is made, the undated acceptance shall be deemed as having occurred vis-a-vis the acceptor on the last day of the time limit set for presenting the bill of exchange for acceptance, pursuant to Article (552) above.
Interpretation and application must be checked against the official text and current version.