In the case of denial and lack of a lawful excuse, the following actions shall be barred: 1. Actions of recourse by the Cheque Bearer against the Drawer, the Endorsers and others who are required to pay its value after the lapse of two years from the expiry of the deadline for its presentation. 2. Actions of recourse by the obligors against one another after the lapse of one year from the day on which the obligor paid the value of the Cheque or from the day on which a judicial claim for payment was made. 3. Actions filed by the Bearer against the Drawee after the lapse of (3) three years from the expiry of the period for presenting the Cheque. 4. The deadlines referred to in this Article do not apply to the actions against the Drawer who did not provide funds for payment or submitted them and then withdrew them in whole or in part, and the actions against all obligors who obtained an illegal gain.
Interpretation and application must be checked against the official text and current version.
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