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Article 520-10Right to Examine of Obligor of Negotiable Instrument Payable to Order

第五百二十条の十(指図証券の債務者の調査の権利等)

The obligor of a negotiable instrument payable to order has the right, but not the duty, to examine the identity of the holder of the instrument and the signature and seal affixed thereon; provided, however, that the payment of the obligation is invalid if the obligor is acting in bad faith or is grossly negligent.

指図証券の債務者は、その証券の所持人並びにその署名及び押印の真偽を調査する権利を有するが、その義務を負わない。ただし、債務者に悪意又は重大な過失があるときは、その弁済は、無効とする。

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