Colorado Statutes
§ 4-3-111 — Place of payment
Except as otherwise provided for items in article
4 of this title, 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.
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Legislative History
Source: L. 94: Entire article R&RE, p. 847, � 1, effective January 1, 1995.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of article§ 4-1-104
Construction against implied repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - gender§ 4-1-107
Captions§ 4-1-201
General definitions§ 4-1-202
Notice - knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - seasonableness§ 4-1-302
Variation by agreement§ 4-1-304
Obligation of good faith