Multilateral Treaties

 B-33: INTER-AMERICAN CONVENTION ON CONFLICT OF LAWS CONCERNING BILLS OF         
EXCHANGE, PROMISSORY NOTES, AND INVOICES                                        


        ADOPTED AT: PANAMA, PANAMA                                              

              DATE: 01/30/75

CONF/ASSEM/MEETING: INTER-AMERICAN SPECIALIZED CONFERENCE ON PRIVATE            
                    INTERNATIONAL LAW                                           
                            ,

  ENTRY INTO FORCE: 01/16/76   IN ACCORDANCE WITH ARTICLE 15 OF THE CONVENTION. 

        DEPOSITORY: GENERAL SECRETARIAT, OAS (ORIGINAL INSTRUMENT AND           
                    RATIFICATIONS)                                              
                            ,           ,
              TEXT: OAS, TREATY SERIES,  NO. 40.                                

   UN REGISTRATION: 03/20/89  No. 24382   Vol.       

      OBSERVATIONS:                                                             

               GENERAL INFORMATION OF THE TREATY: B-33               

===============================================================================
SIGNATORY COUNTRIES    SIGNATURE REF   RA/AC/AD REF   DEPOSIT INST  INFORMA REF
===============================================================================
Argentina ...........   02/09/83       02/09/83       03/10/83 RA   03/10/83  a
Bolivia .............   08/02/83         /  /           /  /          /  /     
Brazil ..............   01/30/75         /  /           /  /          /  /     
Chile ...............   01/30/75       04/08/76       05/17/76 RA     /  /     
Colombia ............   01/30/75         /  /           /  /          /  /     
Costa Rica ..........   01/30/75       01/02/78       01/20/78 RA     /  /     
Dominican Republic ..   11/10/76       10/06/77       10/06/77 RA     /  /     
Ecuador .............   01/30/75       08/12/75       09/10/75 RA     /  /     
El Salvador .........   01/30/75       06/27/80 D  b  08/11/80 RA   08/11/80  b
Guatemala ...........   01/30/75       12/29/76       02/18/77 RA     /  /     
Honduras ............   01/30/75       01/08/79       03/22/79 RA     /  /     
Mexico ..............   10/27/77    1  02/13/78       03/27/78 RA   12/12/83  c
Nicaragua ...........   01/30/75         /  /           /  /          /  /     
Panama ..............   01/30/75       11/11/75       12/17/75 RA     /  /     
Paraguay ............   08/26/75    1  12/02/76       12/15/76 RA     /  /     
Peru ................   01/30/75       07/05/77       08/25/77 RA     /  /     
Uruguay .............   01/30/75       03/29/77       04/25/77 RA     /  /     
Venezuela ...........   01/30/75       01/30/85       05/16/85 RA   05/16/85  d
===============================================================================
REF = REFERENCE                                      INST = TYPE OF INSTRUMENT
       D = DECLARATION                                      RA = RATIFICATION
       R = RESERVATION                                      AC = ACCEPTANCE
INFORMA  = INFORMATION REQUIRED BY THE TREATY               AD = ACCESSION
                                                                              
                                                                              
              B-33. INTER-AMERICAN CONVENTION ON CONFLICT OF LAWS             
                         CONCERNING BILLS OF EXCHANGE,                        
                         PROMISSORY NOTES AND INVOICES                        
                                                                              
1.   Mexico, Paraguay:                                                        
                                                                              
     Signed ad referendum.                                                    
                                                                              
a.   Argentina:                                                               
                                                                              
     (Information provided in accordance with Article 10)                     
                                                                              
     In compliance with the provisions of Article 10, 2nd                     
paragraph of the Convention referred to, I am pleased to                      
inform Your Excellency that according to the provisions of                    
Decree-Law 6601/63, the document entitled "factura conformada"                
(trade acceptance) is a negotiable instrument in the Republic                 
of Argentina.                                                                 
                                                                              
b.   El Salvador:                                                             
                                                                              
             (Declaration made at the time of ratification)                   
                                                                              
     In relation to Article 10 of the Inter-American Convention               
on Conflict of Laws Concerning Bills of Exchange, Promissory                  
Notes, and Invoices, "in El Salvador Invoices do not constitute               
Negotiable Instruments".                                                      
                                                                              
c.   Mexico:                                                                  
                                                                              
     (Information provided in accordance with Article 10)                     
                                                                              
     I have the honor to refer to the Inter-American Convention               
on Conflict of Laws Concerning Bills of Exchange, Promissory                  
Notes, and Invoices approved on January 30, 1975 at Panama                    
City.                                                                         
                                                                              
     As Your Excellency is aware, Mexico is a party to that                   
Convention.  In this respect, to the effect of the provisions                 
of Article 10, paragraph II of that Convention, I hereby notify               
Your Excellency that according to Mexican legislation invoices                
are not negotiable instruments.                                               
                                                                              
d.   Venezuela:                                                               
                                                                              
     (Information provided in accordance with Article 10)                     
                                                                              
     In accordance with Article 10 of the Inter-American                      
Convention on Conflict of Laws Concerning Bills of Exchange,                  
Promissory Notes and Invoices, signed in Panama on January 30,                
1975, in Venezuela invoices are not negotiable instruments                    
according to its domestic                                                     
legislation.

Text of the Treaty