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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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United States Congressional Serial Set, Issue 6526

1913 - 480 pages
...or undue influence in the same manner as if the drawer were living. Under American law, however— a check of itself does not operate as an assignment...unless and until it accepts or certifies the check. (NIL, Sec. 325.) The courts therefore are not in harmony in regard to the effect of the death of the...
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Session Laws

South Dakota - 1913 - 796 pages
...accepted or certified, the drawer and all indorsers are discharged from liability thereon. § 187. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. TITLE IV.— GENERAL PROVISIONS. ARTICLE I. § 188. This Act shall be known as the Negotiable Instrument...
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Laws Passed at the 1st- Session of the Legislature of the State of South ...

South Dakota - 1913 - 804 pages
...accepted or certified, the drawer and all indorsers are discharged from liability thereon. § 187. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. TITLE IV.— GENERAL PROVISIONS. ARTICLE I. § 188. This Act shall be known as the Negotiable Instrument...
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Commentaries on the Law of Contracts: Being a Consideration of the ..., Volume 4

William Frederick Elliott - 1913 - 1180 pages
...Perkins, 12 Mass. 206; Bank of amount due." A check, of itself, according to the weight of authority does not operate as an assignment of any part of the...holder, unless and until it accepts or certifies the check.23 § 3412. By whom acceptance made. — In general, the acceptance of a bill should be made...
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McMaster's Commercial Decisions Affecting the Banker and Merchant ..., Volume 15

James Smith McMaster - 1912 - 784 pages
...apply to a check." The legislative enactment now in force in this State provides that a check or bill does not operate as an assignment of any part of the...the holder unless and until it accepts or certifies to the check. Section 6022, LO L. And section 5690, LOL, makes a like provision in regard to a bill...
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McMaster's Commercial Decisions Affecting the Banker and Merchant ..., Volume 8

James Smith McMaster - 1905 - 966 pages
...maker. The Negotiable Instruments law adopts this general rule and says: "A check does not of itself operate as an assignment of any part of the funds...unless and until it accepts or certifies the check." In some States the adoption of the Negotiable Instruments law will change the law previously existing...
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McMaster's Commercial Decisions Affecting the Banker and Merchant ..., Volume 10

James Smith McMaster - 1907 - 750 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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McMaster's Commercial Decisions Affecting the Banker and Merchant ..., Volume 9

James Smith McMaster - 1906 - 832 pages
...94), providing that a check is not an assignment of any part of the drawer's funds, and the bank i« not liable to the holder unless and until it accepts or certifies the check, the drawer of an ordinary check may, before it is accepted, revoke it and forbid it* payment, and any subsequent...
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Ruling Case Law: As Developed and Established by the Decisions and ..., Volume 5

William Mark McKinney, Burdett Alberto Rich - 1914 - 1200 pages
...assignment of the deposit.20 18. Negotiable Instruments Law. — The Negotiable Instruments Law provides as follows: "A check of itself does not operate as...unless and until it accepts or certifies the check." This section of the statute clearly 16. Love v. Ardmore Stock Exeh., 18. Hemphill v. Yerkes, 132 Pa....
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The Civil Code of the State of California ...: The State Civil Code, Adopted ...

California - 1927 - 690 pages
...or certified the drawer and all indorsers are discharged from liability thereon. 1917—1559. 3265e. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. 1917—1559. 3265g. No order stopping payment on a check shall be valid unless the same be in writing...
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