Iowa § 554.3111 Place of payment

Iowa Statutes

§ 554.3111 — Place of payment

Iowa § 554.3111

Title XIIICOMMERCE

Ch. 554UNIFORM COMMERCIAL CODE

This text of Iowa § 554.3111 (Place of payment) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 554.3111 (2026).

Text

Except as otherwise provided for items in Article 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.

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Except as otherwise provided for items in Article 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.