# Bills of Exchange Act 1882, Section 88: Liability of maker.


The maker of a promissory note by making it—
(1) Engages that he will pay it according to its tenor;
(2) Is precluded from denying to a holder in due course the existence of the payee and his then capacity to indorse.

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Source: https://www.legislation.gov.uk/ukpga/Vict/45-46/61/section/88 (the official version)
Page: https://openlegislation.uk/bills-of-exchange-act-1882/section-88
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.