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2017 Indiana Code
TITLE 26. Commercial Law
ARTICLE 2. COMMERCIAL TRANSACTIONS
CHAPTER 3. Negotiable Instruments
26-2-3-11. Necessity of consideration
Universal Citation: IN Code § 26-2-3-11 (2017)
IC 26-2-3-11 Necessity of consideration
Sec. 11. No holder of a bill of exchange shall recover damages thereon, if he has not given for the same, or for some interest therein, a valuable consideration.
Formerly: Acts 1861, c.75, s.11.
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