BILLS OF EXCHANGE ACT 1909 - SECT 91 Joint and several notes
BILLS OF EXCHANGE ACT 1909 - SECT 91
Joint and several notes(1) A promissory note may be made by two or more makers, and they may be liable thereon jointly, or jointly and severally, according to its tenor.
(2) Where a note runs "I promise to pay" and is signed
by two or more persons it is deemed to be their joint and several note.