Requirements of a promissory note contains under Turkish Law

Requirements for the promissory notes contain under Turkish law.

1. the designation ‘promissory note’ in the text of the instrument and in the language in which it is issued;

2. the unconditional promise to pay a certain sum of money;

3. the due date;

4. the place of payment;

5. the name of the person to whom or to whose order payment is to be made; 

6. the date on which and place at which the note is made;

7. the maker’s signature.

Comments

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