Is the Promissory Note Not Due Valid
“Article 776 of the TCC. in accordance with article 777/2 of the same Law, although maturity is one of the elements of the bond. according to the article, when a bond that has not been shown to be due is seen, it is considered a bond that must be paid. 778 of the TCC. article 704 of the same Law, which must also be applied to bonds by sending it. according to the article, when it is seen, the bond to be paid is required to be paid within one year from the date of issuance. In other words, senedin, which does not carry the maturity element, is the 704th of the TCC. as stated in the article, this deficiency does not affect the qualification of the note to be a bond, since it will be necessary to accept that it is issued as a bond payable when it is seen. The fact that the overdue bond has not been submitted within one year does not relieve the promissory note holder of liability unless the statute of limitations has expired. If the deed is not submitted within the term of the deed, that is, within one year from the date of discovery, it is necessary to pass the due date, and in this case, the right of recourse will be reduced, so endorsements cannot be applied for. But the liability of the debtor (depositor) who issued the deed remains, unless the statute of limitations has expired
Supreme Court 12.HD. E. 2015/18318,2015/29405 K.
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