Cap. 19activeordinance

Bills of Exchange Ordinance

匯票條例

Full legislation

s.91

Joint and several notes

(1)
A promissory note may be made by two or more makers, and they may be liable thereon jointly, or jointly and severally, according to its tenor.
(2)
Where 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.
[cf. 1882 c. 61 s. 85 U.K.]