Legal Guide To Iranian Market Booklets By J.Nouraei

 

Excerpts:

 

How does Iranian law define a check?

Article 310 of the Commercial Code of Iran stipulates a check is a document in accordance with which the drawer withdraws or transfers to another person, all or part of the cash he holds with the drawee. The drawee is usually a bank branch.

 

Are there specific laws regarding checks?

Matters related to checks are defined under the regulations set out in Articles 310-317 of the Commercial Code and also in all the articles of the Check Law.

 

 

Full Text Availabe To Clients