Presentment for payment: require presenting negotiable instruments at the maker's, drawee's or acceptor's business or residence. Where a promissory note or bill of exchange lacks a specified place of payment, presentment must be made at the place of business, if any, or otherwise at the usual residence of the maker, drawee or acceptor, as applicable, thereby designating those persons' business or residence as the appropriate locus for demand of payment.
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 for payment: require presenting negotiable instruments at the maker's, drawee's or acceptor's business or residence.
Where a promissory note or bill of exchange lacks a specified place of payment, presentment must be made at the place of business, if any, or otherwise at the usual residence of the maker, drawee or acceptor, as applicable, thereby designating those persons' business or residence as the appropriate locus for demand of payment.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.