Statistics Act, 1999
R 385
Bills of Exchange Act, 1964 (Act No. 34 of 1964)Chapter IIIUnindorsed or irregularly indorsed instruments89. Joint or joint and several liability on notes |
| (1) | A note may be made by two or more persons and they may be liable thereon jointly, or jointly and severally, according to its tenor. |
| (2) | If a note runs 'I promise to pay', and is signed by two or more persons, it is deemed to be their joint and several note, and any note signed by two or more persons is deemed to be their joint and several note in the absence of a contrary intention appearing upon the face of it. |
