§490:3-113 Date of instrument. (a) An instrument may be antedated or postdated. The date stated determines the time of payment if the instrument is payable at a fixed period after date. Except as provided in section 490:4-401(c), an instrument payable on demand is not payable before the date of the instrument.
(b) If an instrument is undated, its date is the date of its issue or, in the case of an unissued instrument, the date it first comes into possession of a holder. [L 1991, c 118, pt of §1]
Section: Previous 490-3-106 490-3-107 490-3-108 490-3-109 490-3-110 490-3-111 490-3-112 490-3-113 490-3-114 490-3-115 490-3-116 490-3-117 490-3-118 490-3-119 490-3-201 NextLast modified: October 27, 2016