# Insolvency Act 1986, Paragraph 9


Power to draw, accept, make and indorse any bill of exchange or promissory note in the name and on behalf of the company, with the same effect with respect to the company’s liability as if the bill or note had been drawn, accepted, made or indorsed by or on behalf of the company in the course of its business.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/schedule/4/paragraph/9 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/schedule-4/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

