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§ 355-3-111 — Kentucky Law | CourtGPT
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Kentucky Legal Code

§ 355-3-111

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355.3 -111 Place of payment. Except as otherwise provided for items in Article 4 of this chapter, 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 i nstrument. 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 (1) place of business, the place of payment is any place of business of the drawee or maker chosen by the perso n 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. Effective: January 1, 1997 History: Repealed and reenacted 1996 Ky. Acts ch. 130, sec. 11, effective Januar y 1, 1997. -- Created 1958 Ky. Acts ch. 77, sec. 3 -111, effective July 1, 1960.