A promise or order is "payable on demand" if:
(1) it states that it is payable on demand or at sight or otherwise indicates that it is payable at the will of the holder; or
(2) it does not state any time of payment.
Mont. Code Ann. § 30-3-108
Payable on demand
Known as the Uniform Commercial Code
The act spans §§ 30–30 (713 sections).
En
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.