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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. "
Miscellaneous Reports. Cases Decided in the Courts of Record of the State of ... - Side 69
av New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - 1918
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - 1897 - 434 sider
...certified by the bank on which it is drawn, the certification is equivalent to an acceptance. Sec. 188. Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. Sec. 189. A check of itself does not operate as an assignment of any part of the funds to the credit...
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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - 1897 - 1164 sider
...certified by the bank on which it is drawn, the certification is equivalent to an acceptance. Sec. 195. Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. Sec. 196. A check of itself does not operate as an assignment of any part of the funds to the credit...
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A Treatise on the Law of Commercial Paper: Containing a Full ..., Volum 3

Joseph Fitz Randolph - 1899 - 1068 sider
...equivalent to an acceptance. Sec. 324 (188). Effect where the Holder of Check Procures it to be Certified. Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. Sec. 325 (189). When Check Operates as an Assignment. A check of itself does not operate as an assignment...
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The Negotiable Instrument Law of Wisconsin: Passed at the Session of 1899

Wisconsin - 1899 - 88 sider
...Ibid. Discharge of Jjability of (] rawer and ndorsers. Check not assignment of funds. SECTION 1684-4. Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. SECTION 1684-5. A check of itself does not operate as an assignment of any part of the funds* to the...
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Laws of the State of Wisconsin

Wisconsin - 1899 - 856 sider
...the presentation of the checks, be was not chargeable until it arrived at S. Ibid. SECTION 1684-4. Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. SECTION 1684-5. A check of itself does not operate as an assignment of any part of the funds to the...
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Session Laws of the State of Washington

Washington (State) - 1899 - 476 sider
...certified by the bank on which it is drawn, the certification is equivalent to an acceptance. SEC. 188. Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. SEC. 189. A check of itself does not operate as an assignment of any part of the funds to the credit...
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General Laws of New York: Containing All Amendments to the Close of ..., Volum 3

New York (State) - 1900 - 862 sider
...chap. 336 of 1898, § 29.) § 324. Effect where the holder of check procures it to be certified. — Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. § 325. When check operates as an assignment — A check of itself does not operate as an assignment...
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The Law of Bills, Notes, and Cheques

Melville Madison Bigelow - 1900 - 396 sider
...is drawn, the certification l is equivalent to an acceptance.2 § 195. Where the holder of a cheque procures it to be accepted or certified, the drawer...all indorsers are discharged from liability thereon. § 196. A cheque of itself does not operate as an assignment of any part of the funds to the credit...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1901 - 1022 sider
...certification. on which it is drawn, the certification is equivalent to an acceptance. Section 188. W'here the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. Section 189. A check, of itself, does not operate as an assignment of any part of the funds to the...
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Supplement to the Revised Statutes of the United States ..., Volum 2,Del 2

United States - 1901 - 934 sider
...18C ' e ec ' acceptance. SEC. 1492. DRAWER AND INDORSERS DISCHARGED. — Where the , —procured by holder of a check procures it to be accepted or certified the drawer ' ct-and all indorsers are discharged from liability thereon. SEC. 1493. CHECK NOT AN ASSIGNMENT OF...
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