4. Cover requirement
1 A cheque may be issued only where the drawer holds assets with the drawee and has the right to dispose of such assets by means of cheques pursuant to an explicit or tacit agreement. However, the instrument’s validity as a cheque is not affected by any failure to comply with these provisions.
2 Where the drawer has assets with the drawee covering only a portion of the cheque amount, the drawee is obliged to pay such portion.
3 A person issuing a cheque without being authorised by the drawee to dispose of the instructed amount must reimburse the bearer for any damage so caused and, in addition, five per cent of the uncovered portion of the instructed amount.
e. Transfert de la créance
La loi du lieu de la création du titre détermine si le porteur d’une lettre de change acquiert la créance qui a donné lieu à l’émission du titre.
