DATE OF INSTRUMENT
Known as the Uniform Commercial Code
The act spans §§ 1–12 (616 sections).
Applied in 1 court decision — leading case RR Maloan Investments, Inc. v. New HGE, Inc. (2014)
Most recently applied in RR Maloan Investments, Inc. v. New HGE, Inc. (March 2014)
Amended by Acts 1995, 74th Leg., ch. 921, Sec. 1, eff
(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 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.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.