Find Laws Find Lawyers Free Legal Forms USA State Laws
Home » Find Laws » Business Laws » Negotiable Instruments » Requirements Negotiable Instrument » Know the Time Requirements for Negotiable Instruments!

Know the Time Requirements for Negotiable Instruments!

Time Requirements

Sometimes negotiable instruments actually only become payable after certain acts or events have occurred. However, this is not a specific time; it still fits the definition of specific time under commercial business law. As long as there is one specific, clearly defined point at which the negotiable instrument becomes payable, it can fall under the purview of negotiable instruments. If a given monetary contract does not have such a specifically defined time for the money to be made payable, then it cannot be a negotiable instrument.

NEXT: Know the Writing Form of Negotiable Instruments

Related Articles

Link To This Page

Comments

Browse Trademarks By Name

A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z

Browse Copyrights By Name

A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
Find an NJ Lawyer
Guide to Finding a Lawyer
Tips