1. Any obligor who, by way of recourse, is claimed or is likely to be claimed to pay a bill of exchange, may, if he effects the payment, request that the bill, together with the protest and a receipt for the sum paid, be surrendered to him. 2. Any endorser who paid the bill of exchange may cross out his endorsement and all subsequent endorsements.
Interpretation and application must be checked against the official text and current version.