N.Y. Uniform Commercial Code Law § 3-410: Definition and Operation of Acceptance

Section 3--410. Definition and Operation of Acceptance.

(1) Acceptance is the drawee's signed engagement to honor the draft as

presented. It must be written on the draft, and may consist of his

signature alone. It becomes operative when completed by delivery or

notification.

(2) A draft may be accepted although it has not been signed by the

drawer or is otherwise incomplete or is overdue or has been dishonored.

(3) Where the draft is payable at a fixed period after sight and the

acceptor fails to date his acceptance the holder may complete it by

supplying a date in good faith.