- § 11-3-501 - Presentment
(a) "Presentment" means a demand made by or on behalf of a person entitled to enforce an instrument to (i) pay the instrument made...
- § 11-3-502 - Dishonor
(a) Dishonor of a note is governed by the following rules: (1) If the note is payable on demand, the note is dishonored if...
- § 11-3-503 - Notice of Dishonor
(a) The obligation of an indorser stated in subsection (a) of Code Section 11-3-415 and the obligation of a drawer stated in subsection (d)...
- § 11-3-504 - Excused Presentment and Notice of Dishonor
(a) Presentment for payment or acceptance of an instrument is excused if (i) the person entitled to present the instrument cannot with reasonable diligence...
- § 11-3-505 - Evidence of Dishonor
(a) The following are admissible as evidence and create a presumption of dishonor and of any notice of dishonor stated: (1) A document regular...
Last modified: October 14, 2016