Things to notice and consider during a notice of dishonor
1. The format of the notice;
2. Who it has been given by;
3. To whom it’s for;
4. When;
5. Where;
6. The effects;
7. When a want of notice is excused;
8. When it’ll be waived.
Who can provide a Notice of Dishonor?
Notice is given by the holder, someone authorized by the holder, or an involved party who is liable to clear the bill or note.
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