United States — Louisiana Act or statute

United States — Louisiana legislation

RS 10:3-111

This section says where an instrument must be paid, based on what the instrument states or, if it says nothing, on the drawee’s or maker’s address, business location, or residence.

negotiable instrumentspayment terms

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“This section says where an instrument must be paid, based on what the instrument states or, if it says nothing, on the drawee’s or maker’s address, business location, or residence.”

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RS 10:3-111

This section says where an instrument must be paid, based on what the instrument states or, if it says nothing, on the drawee’s or maker’s address, business location, or residence.

Section 10:3-111

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§ 10:3-111RS 10:3-111Provision

This section says where an instrument must be paid, based on what the instrument states or, if it says nothing, on the drawee’s or maker’s address, business location, or residence.

§3-111. Place of payment Except as otherwise provided for items in Chapter 4, an instrument is payable at the place of payment stated in the instrument. If no place of payment is stated, an instrument is payable at the address of the drawee or maker stated in the instrument. If no address is stated, the place of payment is the place of business of the drawee or maker. If a drawee or maker has more than one place of business, the place of payment is any place of business of the drawee or maker chosen by the person entitled to enforce the instrument. If the drawee or maker has no place of business, the place of payment is the residence of the drawee or maker. Acts 1992, No. 1133, §3, eff. July 1, 1993; Acts 1993, No. 948, §10, eff. Jan. 1, 1994.
Section 10:3-111Verify source

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