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Florida Statutes 673.6031 - Tender of payment

Florida Statutes > Chapter 673 > Part VI > 673.6031


Current as of: 2012
   (1) If tender of payment of an obligation to pay an instrument is made to a person entitled to enforce the instrument, the effect of tender is governed by principles of law applicable to tender of payment under a simple contract.
   (2) If tender of payment of an obligation to pay an instrument is made to a person entitled to enforce the instrument and the tender is refused, there is discharge, to the extent of the amount of the tender, of the obligation of an indorser or accommodation party having a right of recourse with respect to the obligation to which the tender relates.
   (3) If tender of payment of an amount due on an instrument is made to a person entitled to enforce the instrument, the obligation of the obligor to pay interest after the due date on the amount tendered is discharged. If presentment is required with respect to an instrument and the obligor is able and ready to pay on the due date at every place of payment stated in the instrument, the obligor is deemed to have made tender of payment on the due date to the person entitled to enforce the instrument.
Florida Statutes 673.6021 - PaymentPart VI Table of ContentsFlorida Statutes 673.6041 - Discharge by cancellation or renunciation

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Questions & Answers: Negotiable Instruments (UCC Article 3)

does this apply to real estate foreclosure and the promissoty note?...
how do you over come a person that is in wrongful possession of the note and is trying to enforce it( foreclosure) ...
I have the same two questions above on foreclosure and note what if the mortgage note was never registered in the UCC court file by the original lender. Is this a fraud because th...
I have same concern ...
We wrote a check for a 50% deposit to a to a sub contractor to clear a building lot of vegetation, we made it out to his company a LLC. He took it to a check caching store and...
my personal asstent embezzled over 13 thousand dollers by forging my signature. she held back the normal checks that I signed to pay the bills from are small ranch rentals then ins...

See also:

Florida Statutes > Chapter 673 - Uniform Commercial Code: Negotiable Instruments
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