2011 New Mexico Statutes
Chapter 55: Uniform Commercial Code
Article 3: Negotiable Instruments, 55-3-101 through 55-3-805
Section 55-3-113: Date of instrument.


NM Stat § 55-3-113 (1996 through 1st Sess 50th Legis) What's This?

55-3-113. 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 Subsection (c) of Section 55-4-401 NMSA 1978, 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.

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