 | 1962 - 1130 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... | |
 | 1920 - 540 str.
...Negotiable Instruments Law (section 189 of the Uniform Negotiable Instruments Law) reads as follows: "A check of itself does not operate as an assignment...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... | |
 | 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... | |
 | J. L. Nichols - 2005 - 548 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... | |
 | New Mexico. Supreme Court - 1916 - 732 str.
...virtue of some confusion as to section 189 of the Negotiable Instruments Act, which, while providing that a check of itself does not operate as an assignment...any part of the funds to the credit of the drawer, is clearly designed for the protection of the bank, rather than a provision affecting the relation... | |
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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. 
