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Article 240 of Commercial Law No. 12 of 1966

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Article text

1 - يجب ان يكون التظهير خاليا من كل شرط . وكل شرط علق عليه التظهير يعتبر كأن لم يكن.

2 . - والتظهير الجزئي باطل ، وكذلك التظهير الصادر من المسحوب عليه

3 . - والتظهير( لحامله ) يعد تظهيرا على بياض

4 - والتظهير( الى المسحوب عليه ) لا يعتبر الا مخالفة( ايصال) ما لم يكن للمسحوب عليه عدة

مؤسسات وحصل التظهير لمصلحة

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Source: the supplied Legislation and Opinion Bureau edition. Transcription does not certify the latest amendments or continuing force of every provision. Electronic extraction can produce formatting differences, particularly in tables; consult the official source for legal reliance.

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