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" A check of itself does not operate as an assignment of any part of the funds to the credit of the drawer with the bank, and the bank is not liable to the holder, unless and until it accepts or certifies the check. "
American law reports annotated - Page 181
1925
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The Negotiable Instruments Law with Comments and Criticisms: Reprinted from ...

Joseph Doddridge Brannan - 1908 - 276 pages
...accepted or certified, the drawer and all indorsers are discharged from liability thereon.2 Sec. 189. A check of itself does not operate as an assignment...holder, unless and until it accepts or certifies the check.3 TITLE IV. GENERAL PROVISIONS ARTICLE I. Sec. 190. This act shall be known as the Negotiable...
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Bills and notes. Guaranty and suretyship. Insurance. Bankruptcy

Albert Hutchinson Putney - 1908 - 396 pages
...DOES NOT OPERATE AS ASSIGNMENT OF FUND UNTIL ACCEPTANCE.] § 189. A check of *Noto. — As per copy. itself does not operate as an assignment of any part...unless and until it accepts or certifies the check. TITLE IV.— GENERAL PROVISIONS. ARTICLE I. [TITLE OF ACT.] § 190. This act shall be known as the...
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Popular Law Library, Putney...

Albert H. Putney - 1908 - 394 pages
...DOES NOT OPERATE AS ASSIGNMENT OF FUND UNTIL ACCEPTANCE.] § 189. A check of *Note. — A« per copy. itself does not operate as an assignment of any part...unless and until it accepts or certifies the check. TITLE IV.— GENERAL PROVISIONS. ARTICLE I. [TITLE OF ACT.] § 190. This act shall be known as the...
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Report of the Bank Commissioners of the State of Connecticut

Connecticut. Bank Commissioners - 1908 - 500 pages
...indorsers are discharged from liability thereon. § 4359. Check not an assignment. A check of itself м does not operate as an assignment of any part of the...unless and until it accepts or certifies the check. [General Statutes, Chapter 235.] General Provisions. § 4360. Negotiable instruments delivered prior...
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The American State Reports: Containing the Cases of General ..., Volume 117

Abraham Clark Freeman - 1908 - 1208 pages
...as an assignment of any part of the fund to the credit of the drawer with the bank, and the drawee bank is not liable to the holder, unless and until it accepts or certifies the check (section 189), and as (section 185), except as in the act otherwise provided, all of its provisions...
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The American State Reports: Containing the Cases of General ..., Volume 128

Abraham Clark Freeman - 1909 - 1212 pages
...Statutes, provides: "A check is a bill of exchange drawn on a bank payable on demand." And section 3177z is as follows: "A check of itself does not operate as...unless and until it accepts or certifies the check." But this is a certified check. Mr. Daniel says (section 1602) that the certification of checks is an...
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The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - 1909 - 926 pages
...liability thereon. Formerly L. 1897, ch. 612, § 324. § 325. When check operates as an assignment. -A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. Formerly L. 1897, ch. 612, § 325. § 326. Recovery of forged check. No bank shall be liable to a depositor...
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The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - 1910 - 874 pages
...indorsers are discharged from liability thereon. § 325. When check operates as an assignment. — A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. ARTICLE 19. NOTES GIVEN FOE PATENT RIGHTS AND FOE A SPECULATIVE CONSIDERATION. SECTION 330. Negotiable...
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The Law of Negotiable Instruments: Statutes, Cases and Authorities

Ernest Wilson Huffcut - 1910 - 914 pages
...all indorsers 20 are discharged from liability thereon. § 325. When check operates as an assignment. A check of itself does not operate as an assignment...holder, unless and until it accepts or certifies the check.41 [NOTE. — See Bank v. MiUard, 10 Wall. 152; Bank v. Schuler, 120 US SI 1 ; Bank v. Whitman,...
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The Law of Negotiable Paper: Containing the Text of the Uniform Negotiable ...

Alfred William Bays - 1911 - 216 pages
...accepted or certified, the drawer and all indoraers are discharged from liability thereon. Sec. 189. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. Trruc IV.— GENEBAL PBOVTSKHTS. ARTICLE I. Sec. 190. This Act shall be known as the Negotiable Instrument...
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