New York § 25 - 25Public holiday, Saturday or Sunday in contractual obligations; extension of time where performance of act authorized or required by contr...
Full text of New York New York Consolidated Laws § 25 — 25Public holiday, Saturday or Sunday in contractual obligations; extension of time where performance of act authorized or required by contr..., with citation guidance and answers to common questions.
§ 25. 25Public holiday, Saturday or Sunday in contractual obligations; extension of time where performance of act authorized or required by contr...
§ 25. Public holiday, Saturday or Sunday in contractual obligations; extension of time where performance of act authorized or required by contract is due on Saturday, Sunday or public holiday. 1. Where a contract by its terms authorizes or requires the payment of money or the performance of a condition on a Saturday, Sunday or a public holiday, or authorizes or requires the payment of money or the performance of a condition within or before or after a period of time computed from a certain day, and such period of time ends on a Saturday, Sunday or a public holiday, unless the contract expressly or impliedly indicates a different intent, such payment may be made or condition performed on the next succeeding business day, and if the period ends at a specified hour, such payment may be made or condition performed, at or before the same hour of such next succeeding business day, with the same force and effect as if made or performed in accordance with the terms of the contract. 2. Where time is extended by virtue of the provisions of this section, such extended time shall not be included in the computation of interest unless the contract so provides, except that when the period is specified as a number of months, such extended time shall be included in the computation of interest unless the contract otherwise provides. 3. Notwithstanding any other provision of law, all time deposits and certificates of deposit of banking organizations that mature on a Saturday, Sunday or bank holiday shall continue to accrue interest at the same rate fixed for the term of the deposit or certificate until the first banking day next succeeding the date of maturity, at which the principal and all accrued interest may be withdrawn, unless sooner withdrawn by the depositor.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 25
What does New York Consolidated Laws § 25 cover?
Section 25 ("25Public holiday, Saturday or Sunday in contractual obligations; extension of time where performance of act authorized or required by contr...") is part of the New York Consolidated Laws, the codified statutory law of New York. 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 New York § 25?
A common citation format is "New York Consolidated Laws § 25" (New York). 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 New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 25 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York 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 New York.