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Section 72. What constitutes a sufficient presentment - Negotiable Instruments Law

Section 72. What constitutes a sufficient presentment of Negotiable Instruments Law. Section 72. What constitutes a sufficient presentment.- Presentment for payment, to be sufficient, must be made- (a) By the holder, or by some pe

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

Negotiable Instruments Law

Section 72. What constitutes a sufficient presentment.- Presentment for payment, to be sufficient, must be made-

(a) By the holder, or by some person authorized to receive payment on his behalf;

(b) At a reasonable hour on a business day;

(c) At a proper place as herein defined;

(d) To the person primarily liable on the instrument, or if he is absent or inaccessible, to any person found at the place where the presentment is made.

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