Negotiable Instruments Act Article 104
If the holder fails to perform the acts necessary to the exercise and preservation of their rights in the bill within the time limits set forth in this Act, they shall lose their right of recourse against all parties prior to them.If the holder fails to perform the acts referred to in the preceding paragraph within an agreed time limit, they shall lose their right of recourse against the party prior to whom they made the agreement.
中文原文 票據法第104條
執票人不於本法所定期限內為行使或保全匯票上權利之行為者,對於前手喪失追索權。
執票人不於約定期限內為前項行為者,對於該約定之前手,喪失追索權。
執票人不於約定期限內為前項行為者,對於該約定之前手,喪失追索權。