On Demand
Bouvier's Law Dictionary and Concise Encyclopedia · John Bouvier; revised by Francis Rawle · 1914
Bouvier's Law Dictionary and Concise Encyclopedia
A promissory note payable on demand is.a present debt and is payable without demand.
Young v. Weston, 39 Me. 494.
It is payable the instant the note is signed; no demand is necessary prior to bringing an action; 2 M. & W. 461; 34 Ch. D. 500.