12A:3-113. Date of instrument
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 subsection c. of 12A:4-401, 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.
L.1995,c.28,s.1.
Structure New Jersey Revised Statutes
Title 12A - Commercial Transactions
Section 12A:1-101 - Short titles.
Section 12A:1-102 - Scope of chapter.
Section 12A:1-104 - Construction against implied repeal.
Section 12A:1-105 - Severability.
Section 12A:1-106 - Use of singular and plural; gender.
Section 12A:1-107 - Section captions.
Section 12A:1-108 - Relation to electronic signatures in Global and National Commerce Act.
Section 12A:1-201 - General definitions.
Section 12A:1-202 - Notice; knowledge.
Section 12A:1-203 - Lease distinguished from security interest.
Section 12A:1-205 - Reasonable time; seasonableness.
Section 12A:1-206 - Presumptions.
Section 12A:1-301 - Territorial applicability; parties' power to choose applicable law.
Section 12A:1-302 - Variation by agreement.
Section 12A:1-303 - Course of performance, course of dealing, and usage of trade.
Section 12A:1-304 - Obligation of good faith.
Section 12A:1-305 - Remedies to be liberally administered.
Section 12A:1-306 - Waiver of renunciation of claim or right after breach.
Section 12A:1-307 - Prima facie evidence by third party documents.
Section 12A:1-308 - Performance or acceptance under reservation of rights.
Section 12A:2-101 - Short title
Section 12A:2-102 - Scope; certain security and other transactions excluded from this chapter
Section 12A:2-103 - Definitions and index of definitions.
Section 12A:2-104 - Definitions: "merchant" ; "between merchants" ; "financing agency"
Section 12A:2-107 - Goods to be severed from realty: recording
Section 12A:2-201 - Formal requirements; statute of frauds
Section 12A:2-202 - Final written expression: parol or extrinsic evidence
Section 12A:2-203 - Seals inoperative
Section 12A:2-204 - Formation in general
Section 12A:2-205 - Firm offers
Section 12A:2-206 - Offer and acceptance in formation of contract
Section 12A:2-207 - Additional terms in acceptance or confirmation
Section 12A:2-208 - Course of performance or practical construction
Section 12A:2-209 - Modification, rescission and waiver
Section 12A:2-210 - Delegation of performance; assignment of rights
Section 12A:2-301 - General obligations of parties
Section 12A:2-302 - Unconscionable contract or clause
Section 12A:2-303 - Allocation or division of risks
Section 12A:2-304 - Price payable in money, goods, realty, or otherwise
Section 12A:2-305 - Open price term
Section 12A:2-306 - Output, requirements and exclusive dealings
Section 12A:2-307 - Delivery in single lot or several lots
Section 12A:2-308 - Absence of specified place for delivery
Section 12A:2-309 - Absence of specific time provisions; notice of termination.
Section 12A:2-310 - Open time for payment or running of credit; authority to ship under reservation.
Section 12A:2-311 - Options and cooperation respecting performance
Section 12A:2-313 - Express warranties by affirmation, promise, description, sample
Section 12A:2-313.1 - Consumer goods product; warranties of 90 days or less; computation of time
Section 12A:2-313.2 - Consumer goods product; defined
Section 12A:2-314 - Implied warranty: merchantability; usage of trade
Section 12A:2-315 - Implied warranty: fitness for particular purpose
Section 12A:2-316 - Exclusion or modification of warranties
Section 12A:2-317 - Cumulation and conflict of warranties express or implied
Section 12A:2-318 - Third party beneficiaries of warranties express or implied
Section 12A:2-319 - F.O.B. and F.A.S. terms
Section 12A:2-320 - C.I.F. and C. & F. terms
Section 12A:2-322 - Delivery "ex-ship"
Section 12A:2-323 - Form of bill of lading required in overseas shipment; "overseas."
Section 12A:2-324 - "No arrival, no sale" term
Section 12A:2-325 - "Letter of credit" term; "confirmed credit"
Section 12A:2-326 - Sale on approval and sale or return; rights of creditors
Section 12A:2-327 - Special incidents of sale on approval and sale or return
Section 12A:2-328 - Sale by auction
Section 12A:2-329 - Short title
Section 12A:2-330 - Definitions
Section 12A:2-331 - Terms of consignment
Section 12A:2-332 - Protection of consignor from creditors of consignee
Section 12A:2-333 - Consignments protected from creditors
Section 12A:2-334 - Consignment agreement
Section 12A:2-335 - Civil liability of consignee
Section 12A:2-336 - Waiver of rights of consignor
Section 12A:2-401 - Passing of title; reservation for security; limited application of this section.
Section 12A:2-402 - Rights of seller's creditors against sold goods
Section 12A:2-403 - Power to transfer; good faith purchase of goods; "entrusting"
Section 12A:2-501 - Insurable interest in goods; manner of identification of goods
Section 12A:2-503 - Manner of seller's tender of delivery.
Section 12A:2-504 - Shipment by seller
Section 12A:2-505 - Seller's shipment under reservation.
Section 12A:2-506 - Rights of financing agency.
Section 12A:2-507 - Effect of seller's tender; delivery on condition
Section 12A:2-508 - Cure by seller of improper tender or delivery; replacement
Section 12A:2-509 - Risk of loss in the absence of breach.
Section 12A:2-510 - Effect of breach on risk of loss
Section 12A:2-511 - Tender of payment by buyer; payment by check.
Section 12A:2-512 - Payment by buyer before inspection; exceptions.
Section 12A:2-513 - Buyer's right to inspection of goods
Section 12A:2-514 - When documents deliverable on acceptance; when on payment
Section 12A:2-515 - Preserving evidence of goods in dispute
Section 12A:2-601 - Buyer's rights on improper delivery
Section 12A:2-602 - Manner and effect of rightful rejection
Section 12A:2-603 - Merchant buyer's duties as to rightfully rejected goods
Section 12A:2-604 - Buyer's options as to salvage of rightfully rejected goods
Section 12A:2-605 - Waiver of buyer's objections by failure to particularize.
Section 12A:2-606 - What constitutes acceptance of goods
Section 12A:2-608 - Revocation of acceptance in whole or in part
Section 12A:2-609 - Right to adequate assurance of performance
Section 12A:2-610 - Anticipatory repudiation
Section 12A:2-611 - Retraction of anticipatory repudiation
Section 12A:2-612 - "Installment contract" ; breach
Section 12A:2-613 - Casualty to identified goods
Section 12A:2-614 - Substituted performance
Section 12A:2-615 - Excuse by failure of presupposed conditions
Section 12A:2-616 - Procedure on notice claiming excuse
Section 12A:2-701 - Remedies for breach of collateral contracts not impaired
Section 12A:2-702 - Seller's remedies on discovery of buyer's insolvency
Section 12A:2-703 - Seller's remedies in general
Section 12A:2-705 - Seller's stoppage of delivery in transit or otherwise.
Section 12A:2-706 - Seller's resale including contract for resale
Section 12A:2-707 - "Person in the position of a seller"
Section 12A:2-708 - Seller's damages for non-acceptance or repudiation
Section 12A:2-709 - Action for the price
Section 12A:2-710 - Seller's incidental damages
Section 12A:2-711 - Buyer's remedies in general; buyer's security interest in rejected goods
Section 12A:2-712 - "Cover" ; buyer's procurement of substitute goods
Section 12A:2-713 - Buyer's damages for non-delivery or repudiation
Section 12A:2-714 - Buyer's damages for breach in regard to accepted goods
Section 12A:2-715 - Buyer's incidental and consequential damages
Section 12A:2-716 - Buyer's right to specific performance or replevin
Section 12A:2-717 - Deduction of damages from the price
Section 12A:2-718 - Liquidation or limitation of damages; deposits
Section 12A:2-719 - Contractual modification or limitation of remedy
Section 12A:2-720 - Effect of "cancellation" or "rescission" on claims for antecedent breach
Section 12A:2-721 - Remedies for fraud
Section 12A:2-722 - Who can sue third parties for injury to goods
Section 12A:2-723 - Proof of market price: time and place
Section 12A:2-724 - Admissibility of market quotations
Section 12A:2-725 - Statute of limitations in contracts for sale
Section 12A:2A-101 - Short title
Section 12A:2A-103 - Definitions and index of definitions.
Section 12A:2A-104 - Leases subject to other law
Section 12A:2A-105 - Territorial application of chapter to goods covered by certificate of title
Section 12A:2A-107 - Waiver or renunciation of claim or right after default
Section 12A:2A-108 - Unconscionability
Section 12A:2A-109 - Option to accelerate at will
Section 12A:2A-201 - Statute of frauds
Section 12A:2A-202 - Final written expression: parol or extrinsic evidence
Section 12A:2A-203 - Seals inoperative
Section 12A:2A-204 - Formation in general
Section 12A:2A-205 - Firm offers
Section 12A:2A-206 - Offer and acceptance in formation of lease contract
Section 12A:2A-207 - Course of performance or practical construction
Section 12A:2A-208 - Modification, rescission and waiver
Section 12A:2A-209 - Lessee under finance lease as beneficiary of supply contract
Section 12A:2A-210 - Express warranties
Section 12A:2A-212 - Implied warranty of merchantability
Section 12A:2A-213 - Implied warranty of fitness for particular purpose
Section 12A:2A-214 - Exclusion or modification of warranties
Section 12A:2A-215 - Cumulation and conflict of warranties express or implied
Section 12A:2A-216 - Third-party beneficiaries of express and implied warranties
Section 12A:2A-217 - Identification
Section 12A:2A-218 - Insurance and proceeds
Section 12A:2A-219 - Risk of loss
Section 12A:2A-220 - Effect of default on risk of loss
Section 12A:2A-221 - Casualty to identified goods
Section 12A:2A-301 - Enforceability of lease contract
Section 12A:2A-302 - Title to and possession of goods
Section 12A:2A-304 - Subsequent lease of goods by lessor
Section 12A:2A-305 - Sale or sublease of goods by lessee
Section 12A:2A-306 - Priority of certain liens arising by operation of law
Section 12A:2A-308 - Special rights of creditors
Section 12A:2A-309 - Lessor's and lessee's rights when goods become fixtures
Section 12A:2A-310 - Lessor's and lessee's rights when goods become accessions
Section 12A:2A-311 - Priority subject to subordination
Section 12A:2A-401 - Insecurity: adequate assurance of performance
Section 12A:2A-402 - Anticipatory repudiation
Section 12A:2A-403 - Retraction of anticipatory repudiation
Section 12A:2A-404 - Substituted performance
Section 12A:2A-405 - Excused performance
Section 12A:2A-406 - Procedure on excused performance
Section 12A:2A-407 - Irrevocable promises: finance leases
Section 12A:2A-501 - Default: procedure
Section 12A:2A-502 - Notice after default
Section 12A:2A-503 - Modification or impairment of rights and remedies
Section 12A:2A-504 - Liquidation of damages
Section 12A:2A-506 - Statute of limitations
Section 12A:2A-507 - Proof of market rent: time and place
Section 12A:2A-508 - Lessee's remedies
Section 12A:2A-509 - Lessee's rights on improper delivery; rightful rejection
Section 12A:2A-510 - Installment lease contracts: rejection and default
Section 12A:2A-511 - Merchant lessee's duties as to rightfully rejected goods
Section 12A:2A-512 - Lessee's duties as to rightfully rejected goods
Section 12A:2A-513 - Cure by lessor of improper tender or delivery; replacement
Section 12A:2A-514 - Waiver of lessee's objections.
Section 12A:2A-515 - Acceptance of goods
Section 12A:2A-517 - Revocation of acceptance of goods
Section 12A:2A-518 - Cover; substitute goods
Section 12A:2A-520 - Lessee's incidental and consequential damages
Section 12A:2A-521 - Lessee's right to specific performance or replevin
Section 12A:2A-522 - Lessee's right to goods on lessor's insolvency
Section 12A:2A-523 - Lessor's remedies
Section 12A:2A-524 - Lessor's right to identify goods to lease contract
Section 12A:2A-525 - Lessor's right to possession of goods
Section 12A:2A-526 - Lessor's stoppage of delivery in transit or otherwise.
Section 12A:2A-527 - Lessor's rights to dispose of goods
Section 12A:2A-529 - Lessor's action for the rent
Section 12A:2A-530 - Lessor's incidental damages
Section 12A:2A-531 - Standing to sue third parties for injury to goods
Section 12A:2A-532 - Lessor's rights to residual interest
Section 12A:3-101 - Short title
Section 12A:3-102 - Subject matter
Section 12A:3-103 - Definitions
Section 12A:3-104 - Negotiable instrument
Section 12A:3-105 - Issue of instrument
Section 12A:3-106 - Unconditional promise or order
Section 12A:3-107 - Instrument payable in foreign money
Section 12A:3-108 - Payable on demand or at definite time
Section 12A:3-109 - Payable to bearer or to order
Section 12A:3-110 - Identification of person to whom instrument is payable
Section 12A:3-111 - Place of payment.
Section 12A:3-113 - Date of instrument
Section 12A:3-114 - Contradictory terms of instrument
Section 12A:3-115 - Incomplete instrument
Section 12A:3-116 - Joint and several liability; contribution
Section 12A:3-117 - Other agreements affecting instrument
Section 12A:3-118 - Statute of limitations
Section 12A:3-119 - Notice of right to defend action
Section 12A:3-201 - Negotiation
Section 12A:3-202 - Negotiation subject to rescission
Section 12A:3-203 - Transfer of instrument; rights acquired by transfer
Section 12A:3-204 - Indorsement
Section 12A:3-205 - Special indorsement; blank indorsement; anomalous indorsement
Section 12A:3-206 - Restrictive indorsement
Section 12A:3-207 - Reacquisition
Section 12A:3-301 - Person entitled to enforce instrument
Section 12A:3-302 - Holder in due course
Section 12A:3-303 - Value and consideration
Section 12A:3-304 - Overdue instrument
Section 12A:3-305 - Defenses and claims in recoupment
Section 12A:3-306 - Claims to an instrument
Section 12A:3-307 - Notice of breach of fiduciary duty
Section 12A:3-308 - Proof of signatures and status as holder in due course.
Section 12A:3-309 - Enforcement of lost, destroyed, or stolen instrument
Section 12A:3-310 - Effect of instrument on obligation for which taken
Section 12A:3-311 - Accord and satisfaction by use of instrument
Section 12A:3-312 - Lost, destroyed, or stolen cashier's check, teller's check or certified check
Section 12A:3-402 - Signature by representative
Section 12A:3-403 - Unauthorized signature
Section 12A:3-404 - Impostors; fictitious payees
Section 12A:3-405 - Employer's responsibility for fraudulent indorsement by employee
Section 12A:3-406 - Negligence contributing to forged signature or alteration of instrument
Section 12A:3-407 - Alteration
Section 12A:3-408 - Drawee not liable on unaccepted draft
Section 12A:3-409 - Acceptance of draft; certified check
Section 12A:3-410 - Acceptance varying draft
Section 12A:3-411 - Refusal to pay cashier's checks, teller's checks, and certified checks
Section 12A:3-412 - Obligation of issuer of note or cashier's check
Section 12A:3-413 - Obligation of acceptor
Section 12A:3-414 - Obligation of drawer
Section 12A:3-415 - Obligation of indorser
Section 12A:3-416 - Transfer warranties
Section 12A:3-417 - Presentment warranties
Section 12A:3-418 - Payment or acceptance by mistake
Section 12A:3-419 - Instruments signed for accommodation
Section 12A:3-420 - Conversion of instrument
Section 12A:3-501 - Presentment
Section 12A:3-503 - Notice of dishonor
Section 12A:3-504 - Excused presentment and notice of dishonor
Section 12A:3-505 - Evidence of dishonor
Section 12A:3-601 - Discharge and effect of discharge
Section 12A:3-603 - Tender of payment
Section 12A:3-604 - Discharge by cancellation or renunciation
Section 12A:3-605 - Discharge of indorsers and accommodation parties
Section 12A:4-101 - Short title
Section 12A:4-102 - Applicability
Section 12A:4-103 - Variation by agreement; measure of damages; action constituting ordinary care
Section 12A:4-104 - Definitions and index of definitions.
Section 12A:4-106 - Payable through or payable at bank; collecting bank
Section 12A:4-107 - Separate office of bank
Section 12A:4-108 - Time of receipt of items
Section 12A:4-110 - Electronic presentment
Section 12A:4-111 - Statute of limitations
Section 12A:4-202 - Responsibility for collection or return; when action is timely
Section 12A:4-203 - Effect of instructions
Section 12A:4-204 - Methods of sending and presenting; sending directly to payor bank
Section 12A:4-205 - Depositary bank holder of unindorsed item
Section 12A:4-206 - Transfer between banks
Section 12A:4-207 - Transfer warranties
Section 12A:4-208 - Presentment warranties
Section 12A:4-209 - Encoding and retention warranties
Section 12A:4-211 - When bank gives value for purposes of holder in due course
Section 12A:4-213 - Medium and time of settlement by bank
Section 12A:4-214 - Right of charge-back or refund; liability of collecting bank; return of item
Section 12A:4-216 - Insolvency and preference
Section 12A:4-302 - Payor bank's responsibility for late return of item
Section 12A:4-401 - When bank may charge customer's account
Section 12A:4-403 - Customer's right to stop payment; burden of proof of loss
Section 12A:4-404 - Bank not obliged to pay check more than six months old
Section 12A:4-405 - Death or incompetence of customer
Section 12A:4-406 - Customer's duty to discover and report unauthorized signature or alteration
Section 12A:4-407 - Payor bank's right to subrogation on improper payment
Section 12A:4-502 - Presentment of "on arrival" drafts
Section 12A:4-504 - Privilege of presenting bank to deal with goods; security interest for expenses
Section 12A:4A-101 - Short title
Section 12A:4A-102 - Subject matter
Section 12A:4A-103 - Payment order - definitions
Section 12A:4A-104 - Funds transfer - definitions
Section 12A:4A-105 - Other definitions
Section 12A:4A-106 - Time payment order is received
Section 12A:4A-107 - Federal Reserve regulations and operating circulars
Section 12A:4A-108 - Relationship to electronic fund transfer act.
Section 12A:4A-201 - Security procedure
Section 12A:4A-202 - Authorized and verified payment orders
Section 12A:4A-203 - Unenforceability of certain verified payment orders
Section 12A:4A-205 - Erroneous payment orders
Section 12A:4A-207 - Misdescription of beneficiary
Section 12A:4A-208 - Misdescription of intermediary bank or beneficiary's bank
Section 12A:4A-209 - Acceptance of payment order
Section 12A:4A-210 - Rejection of payment order
Section 12A:4A-211 - Cancellation and amendment of payment order
Section 12A:4A-212 - Liability and duty of receiving bank regarding unaccepted payment order
Section 12A:4A-301 - Execution and execution date
Section 12A:4A-302 - Obligations of receiving bank in execution of payment order
Section 12A:4A-303 - Erroneous execution of payment order
Section 12A:4A-304 - Duty of sender to report erroneously executed payment order
Section 12A:4A-305 - Liability for late or improper execution or failure to execute payment order
Section 12A:4A-401 - Payment date
Section 12A:4A-402 - Obligation of sender to pay receiving bank
Section 12A:4A-403 - Payment by sender to receiving bank
Section 12A:4A-404 - Obligation of beneficiary's bank to pay and give notice to beneficiary
Section 12A:4A-405 - Payment by beneficiary's bank to beneficiary
Section 12A:4A-406 - Payment by originator to beneficiary; discharge of underlying obligation
Section 12A:4A-501 - Variation by agreement and effect of funds-transfer system rule
Section 12A:4A-502 - Creditor process served on receiving bank; set-off by beneficiary's bank
Section 12A:4A-503 - Injunction or restraining order with respect to funds transfer
Section 12A:4A-505 - Preclusion of objection to debit of customer's account
Section 12A:4A-506 - Rate of interest
Section 12A:4A-507 - Choice of law
Section 12A:5-101 - Short title.
Section 12A:5-102 - Definitions.
Section 12A:5-104 - Formal requirements.
Section 12A:5-105 - Consideration.
Section 12A:5-106 - Issuance, amendment, cancellation, and duration.
Section 12A:5-107 - Confirmer, nominated person, and adviser.
Section 12A:5-108 - Issuer's rights and obligations.
Section 12A:5-109 - Fraud and forgery.
Section 12A:5-110 - Warranties.
Section 12A:5-112 - Transfer of letter of credit.
Section 12A:5-113 - Transfer by operation of law.
Section 12A:5-114 - Assignment of proceeds.
Section 12A:5-115 - Statute of limitations.
Section 12A:5-116 - Choice of law and forum.
Section 12A:5-117 - Subrogation of issuer, applicant, and nominated person.
Section 12A:5-118 - Security interest of issuer or nominated person
Section 12A:7-101 - Short title.
Section 12A:7-102 - Definitions and index of definitions.
Section 12A:7-103 - Relation of chapter to treaty or statute.
Section 12A:7-104 - Negotiable and nonnegotiable document of title
Section 12A:7-105 - Reissuance in alternative medium.
Section 12A:7-106 - Control of electronic document of title.
Section 12A:7-201 - Person that may issue a warehouse receipt; storage under bond.
Section 12A:7-202 - Form of warehouse receipt; effect of omission.
Section 12A:7-203 - Liability for nonreceipt or misdescription.
Section 12A:7-204 - Duty of care; contractual limitation of warehouse's liability.
Section 12A:7-205 - Title under warehouse receipt defeated in certain cases.
Section 12A:7-206 - Termination of storage at warehouse's option.
Section 12A:7-207 - Goods must be kept separate; fungible goods.
Section 12A:7-208 - Altered warehouse receipts.
Section 12A:7-209 - Lien of warehouse.
Section 12A:7-210 - Enforcement of warehouse's lien.
Section 12A:7-302 - Through bills of lading and similar documents of title.
Section 12A:7-303 - Diversion; reconsignment; change of instructions.
Section 12A:7-304 - Tangible bills of lading in a set.
Section 12A:7-305 - Destination bills.
Section 12A:7-306 - Altered bills of lading.
Section 12A:7-307 - Lien of carrier.
Section 12A:7-308 - Enforcement of carrier's lien.
Section 12A:7-309 - Duty of care; contractual limitation of carrier's liability.
Section 12A:7-401 - Irregularities in issue of receipt or bill or conduct of issuer.
Section 12A:7-402 - Duplicate document of title; overissue.
Section 12A:7-403 - Obligation of bailee to deliver; excuse.
Section 12A:7-404 - No liability For good-faith delivery pursuant to document of title.
Section 12A:7-501 - Form of negotiation and requirements of due negotiation.
Section 12A:7-502 - Rights acquired by due negotiation.
Section 12A:7-503 - Document of title to goods defeated in certain cases.
Section 12A:7-505 - Indorser not guarantor for other parties.
Section 12A:7-506 - Delivery without indorsement: right to compel indorsement.
Section 12A:7-507 - Warranties on negotiation or delivery of document of title.
Section 12A:7-508 - Warranties of collecting bank as to documents of title.
Section 12A:7-509 - Adequate compliance with commercial contract.
Section 12A:7-601 - Lost, stolen, or destroyed documents of title.
Section 12A:7-602 - Judicial process against goods covered by negotiable document of title.