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 1811925Full view - About this book
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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.... | |
| 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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