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         Bills of Exchange Act
            PART II: BILLS OF EXCHANGE
               Form and Interpretation of Bill

Payee, drawer or drawee

18. (1) A bill may be drawn payable to, or to the order of, the drawer, or it may be drawn payable to, or to the order of, the drawee.

Two or more payees

(2) A bill may be made payable to two or more payees jointly, or it may be made payable in the alternative to one of two, or one or some of several payees.

Holder of office payee

(3) A bill may be made payable to the holder of an office for the time being.

R.S., c. B-5, s. 19.