Section 336.3-113 Date of Instrument - Minnesota Statutes

336.3-113 MS 1990 [Repealed, 1992 c 565 s 114]

336.3-113 DATE OF INSTRUMENT.

(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 336.4-401(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.

History:

1992 c 565 s 15