§ 25-3-113. Date of instrument.
§25‑3‑113. Date of instrument.
(a) An instrument maybe antedated or postdated. The date stated determines the time of payment ifthe instrument is payable at a fixed period after date. Except as provided inG.S. 25‑4‑401(c), an instrument payable on demand is not payablebefore the date of the instrument.
(b) If an instrument isundated, its date is the date of its issue or, in the case of an unissuedinstrument, the date it first comes into possession of a holder. (1899,c. 733, ss. 6, 11, 12, 17; Rev., ss. 1952, 2155, 2161, 2162, 2341; C.S., ss.2987, 2992, 2993, 2998; 1965, c. 700, s. 1; 1995, c. 232, s. 1.)