30-3-114. Date of instrument. (1) 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 30-4-401(3), an instrument payable on demand is not payable before the date of the instrument.
(2) 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.
History: En. Sec. 3-114, Ch. 264, L. 1963; R.C.M. 1947, 87A-3-114; amd. Sec. 100, Ch. 410, L. 1991.
Structure Montana Code Annotated
Chapter 3. Uniform Commercial Code Negotiable Instruments
Part 1. Short Title, Form, and Interpretation
30-3-104. Negotiable instrument
30-3-105. Unconditional promise or order
30-3-107. Instrument payable in foreign money
30-3-111. Payable to bearer or to order
30-3-115. Incomplete instrument
30-3-119. Other agreements affecting instrument
30-3-122. Statute of limitations
30-3-126. Identification of person to whom instrument is payable
30-3-129. Contradictory terms of instrument