12A:3-111. Place of payment.
Except as otherwise provided for items in chapter 4, an instrument is payable at the place of payment stated in the instrument. If no place of payment is stated, an instrument is payable at the address of the drawee or maker stated in the instrument. If no address is stated, the place of payment is the place of business of the drawee or maker. If a drawee or maker has more than one place of business, the place of payment is any place of business of the drawee or maker chosen by the person entitled to enforce the instrument. If the drawee or maker has no place of business, the place of payment is the residence of the drawee or maker.
L.1995,c.28,s.1.
Section: Previous 12a-3-104 12a-3-105 12a-3-106 12a-3-107 12a-3-108 12a-3-109 12a-3-110 12a-3-111 12a-3-112 12a-3-113 12a-3-114 12a-3-115 12a-3-116 12a-3-117 12a-3-118 Next
Last modified: October 11, 2016