MARVIN MANDEL, Governor                                   177

not a fall business day for either the person making
presentment or the party to pay or accept, presentment is
due on the next following day which is a full business
day for both parties.

(4) Presentment to be sufficient must be made at a
reasonable hour, and if at a bank during its banking day.

3—504. How presentment made.

(1)    Presentment is a demand for acceptance or
payment made upon the maker, acceptor, drawee or other
payor by or on behalf of the holder.

(2)   Presentment may be made.

(a)    By mall, in which event the time of
presentment is determined by the time of receipt of the
mail; or

(b)   Through a clearing house; or

(c)    At the place of acceptance or payment
specified in the instrument or if there be none at the
place of business or residence of the party to accept or
pay. If neither the party to accept or pay nor anyone
authorized to act for him is present or accessible at
such place presentment is excused.

(3)   It may be made

(a)    To any one of two or more makers,
acceptors, drawees or other payors; or

(b) To any person who has authority to make
or refuse the acceptance or payment.

(4)   i draft accepted or a note made payable at a
bank in the United States must be presented at such bank.

(5)    In the cases described in § 4—210 presentment
may be made in the manner and with the result stated in
that section.

3—505. Rights of party to whom presentment is made.

(1) The party to whom presentment is made without
dishonor require

(a) Exhibition of the instrument; and

(b)   Seasonable identification of the person
making presentment and evidence of his authority to make
it if made for another; and