Negotiable Instruments Act Section 66 — Presentment for payment of instrument payable after date or sight

CHAPTER IV OF NEGOTIATION

General

Summary

A promissory note or bill of exchange that is due at a fixed time after its date or after it is seen must be shown for payment when that due date arrives. This means the holder has to formally present the document for payment on the exact day it becomes payable.

Official Text

A promissory note or bill of exchange, made payable at a specified period after date or sight thereof, must be presented for payment at maturity.