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Negotiable Instruments Act, 1881

Section 29: Liability of legal representative signing

Chapter III — Parties to Notes, Bills and Cheques

29. A legal representative of a deceased person who signs his name to a promissory note, bill of exchange or cheque is liable personally thereon unless he expressly limits his liability to the extent of the assets received by him as such.

Source: official text of the Negotiable Instruments Act, 1881.