Negotiable Instruments Act Section 99 — Noting
CHAPTER IX O F N O T I NG A N D P R O T E S T
General
Summary
If a promissory note or bill of exchange is not accepted or not paid, the person holding it can have a notary public officially record that fact. This record is made directly on the document, on a paper attached to it, or partly on both. The record must be made within a reasonable time after the dishonour and must state the date it happened, any reason given for the dishonour (or, if it was not formally dishonoured, why the holder considers it dishonoured), and the notary's fees.
Official Text
When a promissory note or bill of exchange has been dishonoured by non-acceptance or non-payment, the holder may cause such dishonour to be noted by a notary public upon the instrument, or upon a paper attached thereto, or partly upon each. Such note must be made within a reasonable time after dishonour, and must specify the date of dishonour, the reason, if any, assigned for such dishonour, or, if the instrument has not been expressly dishonoured, the reason why the holder treats it as dishonoured, and the notary's charges.