Nov 4, 2007 #1 S SiegeW76 New Member What is the Pennsylvania statute that governs that a person entered into a promissory note must fulfill the financial obligations of the note?
What is the Pennsylvania statute that governs that a person entered into a promissory note must fulfill the financial obligations of the note?
Nov 4, 2007 #2 S seniorjudge New Member The terms of the note state that the person is obligated to pay.
Nov 4, 2007 #3 S SiegeW76 New Member Yes, I completely understand that the obligee has to pay; however, I need to state the statute in my filing document.
Yes, I completely understand that the obligee has to pay; however, I need to state the statute in my filing document.
Nov 4, 2007 #5 W WebJunkie New Member seniorjudge said: http://members.aol.com/StatutesPa/Index.html Click to expand... Wouldn't promisary notes fall under general contract law? I would think so, unless there's something written specifically to it.
seniorjudge said: http://members.aol.com/StatutesPa/Index.html Click to expand... Wouldn't promisary notes fall under general contract law? I would think so, unless there's something written specifically to it.
Nov 4, 2007 #6 S seniorjudge New Member WebJunkie said: Wouldn't promisary notes fall under general contract law? I would think so, unless there's something written specifically to it. Click to expand... I couldn't tell you what Pennsylvania does, but promissory note law falls under negotiable instruments.
WebJunkie said: Wouldn't promisary notes fall under general contract law? I would think so, unless there's something written specifically to it. Click to expand... I couldn't tell you what Pennsylvania does, but promissory note law falls under negotiable instruments.
