For business owners who have never touched a promissory note: As of September 30, major banks will no longer issue paper promissory notes.

Wednesday, September 30, 2026. For major banks, this will be the final day that paper promissory notes and checks can be ...
JD Supra

Spotlight On: Purchase and Sale of Promissory Notes

Promissory notes play a critical role in financial transactions, serving as a written promise from a Borrower to pay a Lender a specified sum of money under agreed-upon terms. Understanding the ...