1. Any person having a right of recourse against other obligors under the bill of exchange may recover his right by drawing a new bill of exchange on one of his gives or an aval to be payable at sight and at the place of residence of such giver of aval, unless otherwise provided. 2. A recourse bill of exchange shall include the sums set forth in Articles (594) and (595) above, plus any commissions and other fees prescribed by Law. 3. Where the drawer of a recourse bill of exchange is himself the bearer, its sum shall be determined on the same basis as that adopted to fix the value of a bill of exchange due for payment at sight, drawn from the place where the original bill of exchange was payable on the place of residence of the giver of an aval lies. 4. Where the drawer of a recourse bill of exchange is an endorser, its sum shall be determined on the same basis as that adopted to fix the value of a bill of exchange payable at sight, drawn from the place wherein the place of residence of the drawer of the bill of exchange is located, on the place where the giver of an aval's place of residence is located. 5. In case of multiple recourse bills of exchange, the drawer of the original bill or any endorser of such bill may not be required to pay more than the value of one recourse bill of exchange.
Interpretation and application must be checked against the official text and current version.