of June 7, 1930
Intended for permission of some collisions of the Laws on translated and promissory notes
High contracting parties shall, one concerning others, apply to permission of collisions under the listed below laws in questions of translated and promissory notes of the rule, specified in the following Articles.
The capability of person to undertake is determined by the translated or promissory note by its national law. If this national law sends to the law of other country, then this last law is applied.
Person which does not have capability according to the law specified in the prior paragraph nevertheless bears responsibility if the signature was made in the territory of the country by which legislation this person would be capable.
Each of High contracting parties has the right not to recognize validity of the obligation assumed according to the translated or promissory note by any of her citizens and recognized valid for the territories of other High contracting party only according to the procedure of application of the prior paragraph of this Article.
The form in which obligations according to the translated or promissory note are assumed is determined by the law of that country in the territory of which these obligations were signed.
However if obligations assumed according to the translated or promissory note are not valid according to resolutions of the previous paragraph, but if they correspond to the legislation of the state where the subsequent obligation is signed, in that case that circumstance that prior obligations are wrong concerning form, does not do invalid the subsequent obligation.
Each of High contracting parties has the right to order that obligations assumed according to the translated or promissory note by any of her citizens abroad will be valid concerning other her citizen for its territories if only these obligations are assumed in the form provided by the national law.
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