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123-A Cheque crossed 'account payee'

(1) Where a cheque crossed generally bears across its face an addition of the words 'account payee' between the two parallel transfers lines constituting the general crossing, the cheque, besides being crossed generally, is said to be crossed 'account payee'. (2) When a cheque is crossed 'account payee'. - (a) it shall cease to be negotiabl...

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