New York Laws
Part 5 - Presentment, Notice of Dishonor and Protest
3-501 - When Presentment, Notice of Dishonor, and Protest Necessary or Permissible.

(1) Unless excused (Section 3--511) presentment is necessary to charge
secondary parties as follows:
(a) presentment for acceptance is necessary to charge the drawer
and indorsers of a draft where the draft so provides, or is
payable elsewhere than at the residence or place of business
of the drawee, or its date of payment depends upon such
presentment. The holder may at his option present for
acceptance any other draft payable at a stated date;
(b) presentment for payment is necessary to charge any indorser;
(c) in the case of any drawer, the acceptor of a draft payable at
a bank or the maker of a note payable at a bank, presentment
for payment is necessary, but failure to make presentment
discharges such drawer, acceptor or maker only as stated in
Section 3--502 (1) (b).
(2) Unless excused (Section 3--511)
(a) notice of any dishonor is necessary to charge any indorser;
(b) in the case of any drawer, the acceptor of a draft payable at
a bank or the maker of a note payable at a bank, notice of
any dishonor is necessary, but failure to give such notice
discharges such drawer, acceptor or maker only as stated in
Section 3--502 (1) (b).
(3) Unless excused (Section 3--511) protest of any dishonor is
necessary to charge the drawer and indorsers of any draft which on its
face appears to be drawn or payable outside of the states and
territories of the United States and the District of Columbia. The
holder may at his option make protest of any dishonor of any other
instrument and in the case of a foreign draft may on insolvency of the
acceptor before maturity make protest for better security.
(4) Notwithstanding any provision of this section, neither presentment
nor notice of dishonor nor protest is necessary to charge an indorser
who has indorsed an instrument after maturity.