How many kinds of negotiable instruments are there in China's negotiable instruments law?

There are three kinds of negotiable instruments in China's negotiable instruments law.

According to the provisions of Article 2 of the People's Republic of China (PRC) Negotiable Instruments Law:

This Law is applicable to bill activities in People's Republic of China (PRC). The term "negotiable instrument" as mentioned in this Law refers to bills of exchange, promissory notes and checks.

Bill activities shall abide by laws and administrative regulations and shall not harm public interests. When making a bill, the drawer of the bill shall sign the bill according to the legal conditions and bear the bill liability according to the recorded items.

Extended data:

I. Functions of the Bill

1, payment function.

2. Exchange function.

3. Credit function.

4. Settlement function.

5. Financing function.

6. Cycle function.

Second, the bill has its unique legal attributes:

1. Notes are security with rights, and security rights are generated by making securities.

2. Bills are debt securities. The holder may exercise the right of claim for payment and recourse against the debtor of the bill of exchange.

3. Bills are monetary securities. Bills are delivered with a certain amount of money.

4. Bills are negotiable securities. Bills are transferred by endorsement or delivery and circulated freely in the market.

5. Bills are securities without reason. The establishment of bill rights does not need to be based on the establishment of causal relationship between creditors and debtors.

6. The bill is Wen Yi Securities. The rights and obligations set on the bill are determined according to the words recorded on the bill.

7. Bills are important securities. A bill must be enacted in accordance with the law to have legal effect.

8. Notes are proprietary securities. Anyone who wants to claim the right to a bill must actually own the bill.

9. Bills are negotiable securities. When the holder requests payment or exercises the right of recourse, he must present the bill to the debtor.

10. Bills are returned securities. The holder must return the bill to the debtor after realizing the rights of the bill.

Chinese government network-People's Republic of China (PRC) * * * and China's bill law