GroundRules
30-3-108: Payable on demand.
Where this section sits in the code
- TITLE 30. TRADE AND COMMERCE
- CHAPTER 3. UNIFORM COMMERCIAL CODE NEGOTIABLE INSTRUMENTS
- Part 1. Short Title, Form, and Interpretation
A promise or order is "payable on demand" if:
(1) it states that it is payable on demand or at sight or otherwise indicates that it is payable at the will of the holder; or
(2) it does not state any time of payment.
Collected 2026-09-14T04:50:53Z. Source file · JSON