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N.Y. U.C.C. 3-121

Instruments Payable at Bank

2014-09-22

Section 3--121. Instruments Payable at Bank.\n A note or acceptance which states that it is payable at a bank is the\nequivalent of a draft drawn on the bank payable when it falls due out of\nany funds of the maker or acceptor in current account or otherwise\navailable for such payment.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.