 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.  The Pacific Reporter - Page 1561920Full view - About this book
 | Ohio. Supreme Court - Law reports, digests, etc - 1909 - 616 pages
...is a bill of exchange drawn on a bank payable on demand." And Section 3177s is as follows: "A check of itself does not operate as an assignment of any...drawer with the bank, and the bank is not liable to the holder unless and until it accepts or certifies the check." But this is a certified check. Air. Daniel... | |
 | Law reports, digests, etc - 1912 - 1262 pages
...plainly insufficient to create any liability on the part of the defendant to the plaintiff. "A check of itself does not operate as an assignment of any...drawer with the bank, and the bank is not liable to the holder unless and until it accepts or certifies the check." Сотр. St. 1911, c. 41, § 188. "The... | |
 | Law reports, digests, etc - 1907 - 2170 pages
...PROPERTY BY BANKRUPT — UNPAID CHECK. Under Gen. St. 1902, § 43i>0, which provides that "a check of Itself does not operate as an assignment of any...drawer with the bank, and the bank is not liable to the holder, unless and until it accepts or certifies the chock," the payee of a check drawn against a sufficient... | |
 | Law reports, digests, etc - 1924 - 1232 pages
...art. GOOIA, g 189 (Vernon's Ann. Civ. St. Supp. 1922, art. 6001—189), it is declared that: "A check of itself does not operate as an assignment of any...with the. bank, and the bank is not liable to the holder, unless and until it accepts or certifies the check." True, a contrary effect may be given where... | |
 | Law reports, digests, etc - 1920 - 932 pages
...1916. By eection 189 of this act (section 2767, Hemingway's Code) It le expressly provided: "A check of itself does not operate as an assignment of any...drawer with the bank, and the bank is not liable to the holder, unless and until it accepts or certifies the check." It follows that appellant could not have... | |
 | Law reports, digests, etc - 1918 - 1044 pages
...drawers or payee were parties. The section in the Negotiable Instruments Law providing that a check of itself does not operate as an assignment of any...funds to the credit of the drawer with the bank, and that the bank is not liable to the holder unless and until it accepts or certifies the check (section... | |
 | Law reports, digests, etc - 1905 - 1246 pages
...after which payment, if made, is at the peril of the bank. A check of this kind is not an appropriation of any part of the funds to the credit of the drawer with the bank, and does not constitute any claim or right of action against the bank until it is accepted or certified... | |
 | Law reports, digests, etc - 1918 - 1036 pages
...for our statute declares that a check in and of itself does not operate as an assignment of any pnrt of the funds to the credit of the drawer with the bank, and that the bank is not liable to the holder unless and until It accepts or certifies the check. Co'de,... | |
 | Maryland - Law - 1898 - 700 pages
...certified, the drawer and all indorsers are discharged from liability thereon. 56 CHANCERY. 208. A check of itself does not operate as an assignment of any...drawer with the bank, and the bank is not liable to the holder, unless and until it accepts or certifies the check. ARTICLE XVI. CHANCERY. Declaratory Decrees.... | |
 | Law reports, digests, etc - 1915 - 1282 pages
...does not, in view of Negotiable Instruments Law (Consol. Laws, c. 38) § 325, declaring that a check does not operate as an assignment of any part of the funds to the credit of the drawer and the bank is not liable unless it accepts or certifies the check, constitute a valid gift inter... | |
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