Indiana Statutes

§ 26-1-3.1-111 — Place of payment

Indiana § 26-1-3.1-111
JurisdictionIndiana
Title 26COMMERCIAL LAW
Art. 1UNIFORM COMMERCIAL CODE
Ch. 3.1Negotiable Instruments

This text of Indiana § 26-1-3.1-111 (Place of payment) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 26-1-3.1-111 (2026).

Text

Except as otherwise provided for items in IC 26-1-4, 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 (1) 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

As added by P.L.222-1993, SEC.5.

Nearby Sections

15
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Bluebook (online)
Indiana § 26-1-3.1-111, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/26-1-3.1-111.