State Codes and Statutes

Statutes > Missouri > T26 > C400 > 400_3-408

Drawee not liable on unaccepted draft.

400.3-408. A check or other draft does not of itselfoperate as an assignment of funds in the hands of the draweeavailable for its payment, and the drawee is not liable on theinstrument until the drawee accepts it.

(L. 1992 S.B. 448)

*No continuity with § 400.3-408 as repealed by L. 1992 S.B. 448.

State Codes and Statutes

Statutes > Missouri > T26 > C400 > 400_3-408

Drawee not liable on unaccepted draft.

400.3-408. A check or other draft does not of itselfoperate as an assignment of funds in the hands of the draweeavailable for its payment, and the drawee is not liable on theinstrument until the drawee accepts it.

(L. 1992 S.B. 448)

*No continuity with § 400.3-408 as repealed by L. 1992 S.B. 448.


State Codes and Statutes

State Codes and Statutes

Statutes > Missouri > T26 > C400 > 400_3-408

Drawee not liable on unaccepted draft.

400.3-408. A check or other draft does not of itselfoperate as an assignment of funds in the hands of the draweeavailable for its payment, and the drawee is not liable on theinstrument until the drawee accepts it.

(L. 1992 S.B. 448)

*No continuity with § 400.3-408 as repealed by L. 1992 S.B. 448.