Home > Journals > Michigan Law Review > MLR > Volume 31 > Issue 7 (1933)
Abstract
A promissory note maturing by its terms ninety days after date contained a provision authorizing the payees to declare the note due "at any time they may deem this note insecure, even before the maturity of the same." In an action against indorsers, it was held that the note was rendered non-negotiable by the acceleration provision. Guio v. Lutes, (Ind. App. 1933) 184 N. E. 416.
Recommended Citation
BILLS AND NOTES-ACCELERATION CLAUSE AFFECTING NEGOTIABILITY,
31
Mich. L. Rev.
983
(1933).
Available at:
https://repository.law.umich.edu/mlr/vol31/iss7/12