N.Y. UCC Law § 3-412
This is the official text of N.Y. UCC Law § 3-412, part of New York’s UCC Law — part of the compiled statutory law of New York, published by the state as "UCC Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Acceptance Varying Draft
Official statutory text
Section 3--412. Acceptance Varying Draft.\n (1) Where the drawee's proffered acceptance in any manner varies the\ndraft as presented the holder may refuse the acceptance and treat the\ndraft as dishonored in which case the drawee is entitled to have his\nacceptance cancelled.\n (2) The terms of the draft are not varied by an acceptance to pay at\nany particular bank or place in the United States, unless the acceptance\nstates that the draft is to be paid only at such bank or place.\n (3) Where the holder assents to an acceptance varying the terms of the\ndraft each drawer and indorser who does not affirmatively assent is\ndischarged.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.