 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 4011927Full view - About this book
 | Colorado - Electronic journals - 1897 - 434 pages
...accepted or certified the drawer and all indorsers 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. TITLE IV. GENERAL PROVISIONS. ARTICLE I. Sec. 191. In this Act, unless the context otherwise requires:... | |
 | Wisconsin - Bills, Private - 1899 - 856 pages
...accepted or certified the drawer and all indorsers are discharged from liability thereon. SECTION 1684-5. A check of itself does not operate as an assignment...and the bank is not liable to the holder, unless and uutil it accepts or certifies the check. NOTE—As between the drawer of a check and the holder thereof... | |
 | Pennsylvania. Laws, statutes, etc - Law - 1901 - 1022 pages
...indorsers are discharged from liability thereon. Section 189. A check, of itself, does not operate as Not an assignment of any part of the funds to the credit of ment the drawer with the bank, and the bank is not liable to the holder unless and until it accepts... | |
 | New Jersey - Law - 1902 - 928 pages
...to be accepted or certified the drawer and all indorsers are discharged from liability thereon. 189. 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. 190. This act shall be known as the negotiable instruments... | |
 | Ohio - Session laws - 1902 - 1048 pages
...instrument. Reasonable time; what constitutes. Sec. 31772. [Where check operates as an assignment.] A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. SUBDIVISION 4. General Provisions. Sec. 3178. [Definitions and meaning of terms.] In this chapter,... | |
 | Philippines - Law - 1990 - 556 pages
...is the drawee a debtor to the payee depositor, because a check does not operate as an as• signment of any part of the funds to the credit of the drawer with the bank and the bank is not liable unless it accepts or certifies the check. EFFECT OF STOP ORDER ON PAYEE.-The payee can not insist on... | |
 | Idaho - Electronic journals - 1903 - 492 pages
...accepted or certified, the drawer and all indorsers 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. SEC. 190. This act shall be known as the Negotiable Instrument Law. SEC. 191. In this act unless the... | |
 | Albert Sidney Bolles - Law - 1905 - 224 pages
...on which it is drawn, before acceptance. In like manner the Negotiable Instruments Law provides that "a check of itself does not operate as an assignment...unless and until it accepts or certifies the check." A bank should not delay long either to pay, or to accept, or to refuse payment. It is not right to... | |
 | West Virginia - Law - 1907 - 710 pages
...acceptedor certified, the drawer and all indorsers 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. TITLE IV.—GENERAL PROVISIONS. ARTICLE I. Sec. 190. This act shall be known as the negotiable instrument... | |
 | New Mexico - Law - 1907 - 406 pages
...will be discharged from liability thereon to the extent of the loss caused by the delay. Sec. 189. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. Sec. 188. Where the holder of a check procures it to be accepted or certified the drawer and all indorsers... | |
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