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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 - Strana 395
1927
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Illinois Law Review, Svazek 11

1917 - 880 str.
...drawn on it unless and until it accepts or certifies itself. (2) Under the Negotiable Instruments Act, a check of itself does not operate as an assignment...unless and until it accepts or certifies the check. Affirmed. (CARNES, Personal Injuries—Child Labor Act and Workmen's Compensation Act —Repeal by...
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Illinois Law Review, Svazek 17

1923 - 894 str.
...funds X had with defendant. Held: (1) There cannot be an implied acceptance of a check. (2) A check does not operate as an assignment of any part of the...drawer with the bank, and the bank is not liable to a holder unless it accepts or certifies the check. (3) When a bank is paid money on deposit it is entitled...
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United States Congressional Serial Set, Vydání 12420

1962 - 1128 str.
...the certification is equivalent to an acceptance. SEC. 1493. CHECK NOT AN ASSIGNMENT OF FTJNDS.—A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. SEC. 1492. DRAWER AND INDORSERS DISCHARGED.—Where the holder of a check procures it to be accepted...
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The Cornell Law Quarterly, Svazky 1–5

1920 - 540 str.
...the New York Negotiable Instruments Law (section 189 of the Uniform Negotiable Instruments Law) reads as follows: "A check of itself does not operate as...unless and until it accepts or certifies the check." The principal case held that a similar statute adopted by Iowa, 11 has not changed the rule existing...
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Amend the Bank SecrecyAct, Hearings Beforethe Subcommitteeon Financial ...

United States. Congress. Senate. Banking and Currency Committee - 1972 - 540 str.
...Instruments Act, which indicates that any such right of the holder is not a legal one. It reads: A cbeck of itself does not operate as an assignment of any...unless and until it accepts or certifies the check. For a statement of the general rule and its exceptions see chapter, Checks, §¿9, 10. 2. The “depositor...
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Amend the Bank Secrecy Act: Hearings, Ninety-second Congress ..., Svazky 22–23

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial Institutions - 1972 - 354 str.
...right of the holder is not a legal one. It reads: A cluck of itself does not operate as an alignment of any part of the funds to the credit of the drawer...unless and until it accepts or certifies the check* For a statement of the general rule and its exceptions see chapter. Checks, §§9. 10. 2. The "depositor...
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The Business Guide: An Outline of Business

J. L. Nichols - 2005 - 549 str.
...same for presentation. 8. The Agreement to Pay is between the bank and the depositor. For this reason a check, of itself, does not operate as an assignment of any part of the funds to the credit ef the drawer with the bank. Consequently, should the bank refuse to pay the check the holder cannot...
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Reported Cases Determined in the Supreme Court of the State of ..., Svazek 20

New Mexico. Supreme Court - 1916 - 730 str.
...support of this contention, and as absolutely settling the question in this jurisdiction. Section 189 is as follows: "A check of itself does not operate as...unless and until it accepts or certifies the check." Section 189, c. 83, Laws of 1907. They contend further in this respect that, except in Elgin v. Gross-Kelly...
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