ON DEMAND

A promissory note payable “on demand” is a present debt, and is payable without any demand. Young v. Weston. 39 Me. 492; Appeal of Andress, 99 Pa. 421.

More On This Topic
  1. Nine Debt Collector Tactics That Violate The Federal Debt Collections Practices Act
  2. How To Write A Promissory Note
  3. Understanding the 4 Types of Notes Payable To Banks
  4. 3 Common Misconceptions People Have About Mortgage Law
  5. How To Respond To A Legal Demand Letter
  6. Can I Write a Demand Letter Instead of Hiring an Attorney
  7. How To File An Appeal For Sentence Reduction
  8. Two Important Differences Between A Mortgage and Deed of Trust
  9. How To Write Cease And Desist Letters To Stop Copyright Infringement
  10. Domestic Violence Laws

Related Legal Terms
Payment Systems, Secured Transactions, Admin Law Keyed to Rogers & Krotoszynski, Comparative Constitutional Law, Criminal Procedure, Contracts I, Patent Law, Contracts I (Hillman), Labor Law, Criminal Procedure (Criminal Procedure and the Constitution)


Link to This Definition
Did you find this definition of ON DEMAND helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary