Promissory Note Payable on Demand
Here is a form for Promissory Note Payable on Demand.
This is a promissory note for payment of money owed, payable on demand. The principal shall be due and payable in full on demand by maker. In the event of a default in payment of any installment by maker, both principal and interest shall become immediately due and payable at the option of the holder of this note. This document sets forth the amount of the loans, the terms of the loan and the interest rate.
