(a) An instrument may be antedated or postdated. The date stated determines the time of payment if the instrument is payable at a fixed period after date. Except as provided in § 8.4-401 (c), an instrument payable on demand is not payable before the date of the instrument.
(b) If an instrument is undated, its date is the date of its issue or, in the case of an unissued instrument, the date it first comes into possession of a holder.
Code 1950, §§ 6-358, 6-363, 6-364, 3-369; 1964, c. 219, § 8.3-114; 1992, c. 693.
Structure Code of Virginia
Title 8.3A - Commercial Code - Negotiable Instruments
§ 8.3A-104. Negotiable instrument
§ 8.3A-105. Issue of instrument
§ 8.3A-106. Unconditional promise or order
§ 8.3A-107. Instrument payable in foreign money
§ 8.3A-108. Payable on demand or at definite time
§ 8.3A-109. Payable to bearer or to order
§ 8.3A-110. Identification of person to whom instrument is payable
§ 8.3A-113. Date of instrument
§ 8.3A-114. Contradictory terms of instrument
§ 8.3A-115. Incomplete instrument
§ 8.3A-116. Joint and several liability; contribution
§ 8.3A-117. Other agreements affecting instrument
§ 8.3A-118. Statute of limitations
§ 8.3A-118.1. Statute of limitations on deposit accounts and certificates of deposit