New York § 3-604 Tender of Payment

New York Statutes

§ 3-604 — Tender of Payment

New York § 3-604

Law UCCUniform Commercial Code

Part 6Discharge

Art. 3Commercial Paper

This text of New York § 3-604 (Tender of Payment) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Uniform Commercial Code § 3-604 (2026).

Text

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

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