What is a Promissory Note – On Demand?

By | January 22, 2008

 

A Promissory Note – On Demand, is a written contract between two parties, the maker – who is the borrower, and the payee – who is the lender.  It details the terms of an obligation for repayment, with no specific maturity date.  Therefore payment is due on the demand and at the leisure of the lender.

You can find Promissory Notes by clicking here