Section 83:
Discharge by allowing drawee more than forty-eight hours to accept.
If the holder of a bill
of exchange allows the drawee more than 1[forty-eight] hours, exclusive of public holidays, to consider
whether he will accept the same, all previous parties not consenting to such allowance are thereby
discharge from liability to such holder.
Notes:
1. Subs. by Act 12 of 1921, s. 2, for twenty-four.