Presentment at specified place required to charge maker or drawer: payment must be sought at the instrument's nominated place. A promissory note or bill of exchange made, drawn or accepted payable at a specified place must be presented for payment at that place in order to charge the maker or drawer; the place of payment is the required locus for presentment.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Presentment at specified place required to charge maker or drawer: payment must be sought at the instrument's nominated place.
A promissory note or bill of exchange made, drawn or accepted payable at a specified place must be presented for payment at that place in order to charge the maker or drawer; the place of payment is the required locus for presentment.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.