 | 1920 - 540 str.
...of the New York Negotiable Instruments Law (section 189 of the Uniform Negotiable Instruments Law) reads as follows: "A check of itself does not operate...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 prior... | |
 | 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.
...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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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. 
