Is an undated promissory note legal?
Full Question:
Is an undated promissory note legal?
02/07/2009 |
Category: Debts and Cr... ยป Promissory N... |
State: New York |
#15186
Answer:
A promissory note is not required to be dated in order to be valid. However, undated promissory notes may create evidentiary problems. For example, it may be difficult to prove the deadline for payment if a promissory note states that payment is due in 30 days and the note isn't dated.
