30-3-127. Place of payment. Except as otherwise provided for items in chapter 4, an instrument is payable at the place of payment stated in the instrument. If no place of payment is stated, an instrument is payable at the address of the drawee or maker stated in the instrument. If no address is stated, the place of payment is the place of business of the drawee or maker. If a drawee or maker has more than one place of business, the place of payment is any place of business of the drawee or maker chosen by the person entitled to enforce the instrument. If the drawee or maker has no place of business, the place of payment is the residence of the drawee or maker.
History: En. Sec. 98, 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