Utah Statutes

§ 70A-3-502 — Dishonor.

Utah § 70A-3-502
JurisdictionUtah
Title 70AUniform Commercial Code
Ch. 70A-3Uniform Commercial Code - Negotiable Instruments
Part 70A-3-5Dishonor

This text of Utah § 70A-3-502 (Dishonor.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Utah Code Ann. § 70A-3-502 (2026).

Text

(1)Dishonor of a note is governed by the following rules:
(1)(a) If the note is payable on demand, the note is dishonored if presentment is duly made to the maker and the note is not paid on the day of presentment.
(1)(b) If the note is not payable on demand and is payable at or through a bank or the terms of the note require presentment, the note is dishonored if presentment is duly made and the note is not paid on the day it becomes payable or the day of presentment, whichever is later.
(1)(c) If the note is not payable on demand and Subsection (1)(b) does not apply, the note is dishonored if it is not paid on the day it becomes payable.
(2)Dishonor of an unaccepted draft other than a documentary draft is governed by the following rules:
(2)(a) If a check is duly presented for paymen

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Legislative History

Amended by Chapter 324, 2010 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 70A-3-502, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/70A-3-502.