N.Y. Uniform Commercial Code Law § 3-503: Time of Presentment

Section 3--503. Time of Presentment.

(1) Unless a different time is expressed in the instrument the time

for any presentment is determined as follows:

(a) where an instrument is payable at or a fixed period after a

stated date any presentment for acceptance must be made on or

before the date it is payable;

(b) where an instrument is payable after sight it must either be

presented for acceptance or negotiated within a reasonable

time after date or issue whichever is later;

(c) where an instrument shows the date on which it is payable

presentment for payment is due on that date;

(d) where an instrument is accelerated presentment for payment is

due within a reasonable time after the acceleration;

(e) with respect to the liability of any secondary party

presentment for acceptance or payment of any other instrument

is due within a reasonable time after such party becomes

liable thereon.

(2) A reasonable time for presentment is determined by the nature of

the instrument, any usage of banking or trade and the facts of the

particular case. In the case of an uncertified check which is drawn and

payable within the United States and which is not a draft drawn by a

bank the following are presumed to be reasonable periods within which to

present for payment or to initiate bank collection:

(a) with respect to the liability of the drawer, thirty days

after date or issue whichever is later; and

(b) with respect to the liability of an endorser, seven days

after his indorsement.

(3) Where any presentment is due on a day which is not a full business

day for either the person making presentment or the party to pay or

accept, presentment is due on the next following day which is a full

business day for both parties.

(4) Presentment to be sufficient must be made at a reasonable hour,

and if at a bank during its banking day.