2006 New York Code - Tender Of Payment.

 
  Section 3--604. Tender of Payment.
    (1)  Any party making tender of full payment to a holder when or after
  it is due is discharged to the extent of all  subsequent  liability  for
  interest, costs and attorney's fees.
    (2)  The  holder's  refusal of such tender wholly discharges any party
  who has a right of recourse against the party making the tender.
    (3) Where the maker or acceptor of  an  instrument  payable  otherwise
  than  on  demand  is  able  and  ready  to pay at every place of payment
  specified in the instrument when it is due, it is equivalent to tender.