Memphis Tennessee Installment Promissory Note with Bank Deposit as Collateral

State:
Multi-State
City:
Memphis
Control #:
US-02974BG
Format:
Word; 
Rich Text
Instant download

Description

A negotiable instrument means an instrument which contains unconditional promise or order to pay a fixed amount of money, with or without interest or other charges described in the promise or order, if it: (1) is payable to bearer or to order at the time it is issued or first comes into possession of a holder; (2) is payable on demand or at a definite time; and (3) does not state any other undertaking or instruction by the person promising or ordering payment to do any act in addition to the payment of money.
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Memphis Tennessee Installment Promissory Note with Bank Deposit as Collateral