Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 3-121 — Instruments Payable at Bank
N.Y. U.C.C. Law § 3-121
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
Section 3--121. Instruments Payable at Bank.
Citator
N.Y. U.C.C. Law § 3-121 — Instruments Payable at Bank is in force in the current edition of the Code, and nothing recorded condemns it.
Section 3--121. Instruments Payable at Bank.
A note or acceptance which states that it is payable at a bank is the equivalent of a draft drawn on the bank payable when it falls due out of any funds of the maker or acceptor in current account or otherwise available for such payment.