is situated the place where the signatures were affixed.
Article 5
The limits of time for the exercise of rights of recourse shall be determined for all signatories by the law of the place where the instrument was created.
Article 6
The question whether there has been an assignment to the holder of the debt which has given rise to the issue of the instrument is determined by the law of the place where the instrument was issued.
Article 7
The question whether acceptance may be restricted to part of the sum or whether the holder is bound to accept partial payment is governed by the law of the country in which the bill of exchange is payable.
The same rule governs the payment of promissory notes.
Article 8
The form of and the limits of time for protest, as well as the form of the other measures necessary for the exercise or preservation of rights concerning bills of exchange or promissory notes, are regulated by the laws of the country in which the protest must be drawn up or the measures in question taken.
Article 9
The measures to be taken in case of the loss or theft of a bill of exchange or promissory note are determined by the law of the country in which the bill of exchange or promissory note is payable.
Article 10
Each of the High Contracting Parties reserves to itself the right not to apply the principles of private international law contained in the present Convention so far as concerns:
(1) An obligation undertaken outside the territory of one of the High Contracting Parties;
(2) Any law which may be applicable in accordance with these principles and which is not a law in force in the territory of any High Contracting Party.
Article 11
In the territory of each of the High Contracting Parties the provisions of the present Convention shall not apply to bills of exchange or promissory notes already issued at the time of the coming into force of the present Convention.
Article 12
The present Convention, the French and English texts of which shall be equally authentic, shall bear this day's date.
It may be signed thereafter until September 6, 1930, on behalf of any Member of the League of Nations or non-Member State.
Article 13
The present Convention shall be ratified.
The instruments of ratification shall be deposited before September 1, 1932, with the Secretary-General of the League of Nations, who shall forthwith notify receipt thereof to all the Members of the League of Nations and to the non-Member States parties to the present Convention.
Article 14
As from September 6, 1930, any Member of the League of Nations and any non-Member State may accede thereto.
Such accession shall be effected by a notification to the Secretary-General of the League of Nations, such notification to be deposited in the archives of the Secretariat.
The Secretary-General shall notify such deposit forthwith to all States which have signed or acceded to the present Convention.
Article 15
The present Convention shall not come into force until it has been ratified or acceded to on behalf of seven Members of the League of Nations or non-Member States, which shall include three of the Members of the League permanently represented on the Council.
The date of entry into force shall be the ninetieth day following the receipt by the Secretary-General of the League of Nations of the seventh ratification or accession, in accordance with the first paragraph of the present article.
The Secretary-General of the League
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