# The Negotiable Instruments Act, 1881, Section 113: Payment for honour

- Act: The Negotiable Instruments Act, 1881 (Act 26 of 1881)
- In force from: 1882-03-01
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/ni-act/section/113/

## Text

When a bill of exchange has been noted or protested for non-payment, any person may pay the same for the honour of any party liable to pay the same: provided that the person so paying 1[or his agent in that behalf] has previously declared before a notary public the party for whose honour he pays, and that such declaration has been recorded by such notary public.

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