Ky. Rev. Stat. § 355.3-113

Current through 2024 Ky. Acts ch. 225

Section 355.3-113 - Date of instrument

(1) 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 KRS 355.4-401(3), an instrument payable on demand is not payable before the date of the instrument.

(2) 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.

KRS 355.3-113

Effective:1/1/1997
Repealed and reenacted 1996, Ky. Acts ch. 130, sec. 13, effective1/1/1997. -- Created 1958 Ky. Acts ch. 77, sec. 3-113, effective 7/1/1960.