Section 11 Other Factors Not Affecting Negotiability

• Library: Commercial Law 2007

Postdating or antedating an instrument does not affect its negotiability. Section 400.3-113(a), RSMo 2000. “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.” Section 400.3-113(b); Bank of Houston v. Day, 122 S.W. 756 (Mo. App. E.D. 1909). Interlineations and other written or typewritten alterations do not necessarily affect negotiability. If an instrument contains contradictory terms, handwritten...