Michigan § 440.3504 - Presentment, notice of dishonor, or delay in giving notice of dishonor; conditions for excuse.

Full text of Michigan Michigan Compiled Laws § 440.3504 — Presentment, notice of dishonor, or delay in giving notice of dishonor; conditions for excuse., with citation guidance and answers to common questions.

§ 440.3504. Presentment, notice of dishonor, or delay in giving notice of dishonor; conditions for excuse.

Sec. 3504.(1)

Presentment for payment or acceptance of an instrument is excused if (i) the person entitled to present the instrument cannot with reasonable diligence make presentment, (ii) the maker or acceptor has repudiated an obligation to pay the instrument or is dead or in insolvency proceedings, (iii) by the terms of the instrument presentment is not necessary to enforce the obligation of endorsers or the drawer, (iv) the drawer or endorser whose obligation is being enforced has waived presentment or otherwise has no reason to expect or right to require that the instrument be paid or accepted, or (v) the drawer instructed the drawee not to pay or accept the draft or the drawee was not obligated to the drawer to pay the draft.

(2)

Notice of dishonor is excused if (i) by the terms of the instrument notice of dishonor is not necessary to enforce the obligation of a party to pay the instrument, or (ii) the party whose obligation is being enforced waived notice of dishonor. A waiver of presentment is also a waiver of notice of dishonor.

(3)

Delay in giving notice of dishonor is excused if the delay was caused by circumstances beyond the control of the person giving the notice and the person giving the notice exercised reasonable diligence after the cause of the delay ceased to operate.

Source: official Michigan text · Last verified 2026-08-27

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Frequently Asked Questions About Michigan § 440.3504

What does Michigan Compiled Laws § 440.3504 cover?

Section 440.3504 ("Presentment, notice of dishonor, or delay in giving notice of dishonor; conditions for excuse.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Michigan § 440.3504?

A common citation format is "Michigan Compiled Laws § 440.3504" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Michigan law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.

How does Michigan § 440.3504 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.