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Can you summarize NHRS 382-A:3-505?
UNIFORM COMMERCIAL CODE > Evidence of Dishonor.
Short Summary
This legal document, part of the New Hampshire Revised Statutes under the Uniform Commercial Code (Chapter 382-A), pertains to the admissibility of evidence and the creation of a presumption of dishonor and notice of dishonor. It outlines the types of documents and records that can be used as evidence of dishonor, including protests, stamps or writings of refusal, and books or records kept by the drawee, payor bank, or collecting bank. The document also defines a protest as a certificate of dishonor made by authorized individuals and specifies the information it must contain. The evidence of dishonor created by these documents and records can be used to establish dishonor and notice of dishonor in legal proceedings. No specific exemptions or penalties are mentioned in this document.
Whom does it apply to?
Parties involved in commercial transactions
What does it govern?
Evidence of dishonor
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
New Hampshire