Sec. 10. No damages beyond cost of protest shall be chargeable against drawer or endorser, if, upon notice of protest and demand of the principal sum, the same is paid.
Formerly: Acts 1861, c.75, s.10.
Structure Indiana Code
Article 2. Commercial Transactions
Chapter 3. Negotiable Instruments
26-2-3-1. Negotiability by Endorsement
26-2-3-2. Assignee's Right of Action
26-2-3-3. Availability of Defense or Set-Off Against Assignee
26-2-3-4. Assignee's Right of Action Against Endorsers; Defenses
26-2-3-6. Negotiability of Notes Payable to Order or Bearer in a Bank
26-2-3-7. Damages Payable on Protest for Nonpayment or Nonacceptance of Bill of Exchange
26-2-3-8. Interest on Protested Bill of Exchange
26-2-3-10. Limitation of Damages Against Drawer or Endorser of Protested Bill of Exchange
26-2-3-11. Necessity of Consideration
26-2-3-12. Bill Payable Out of State; Effect of Provision of Means for Discharge Within State