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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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Acts and Joint Resolutions of the General Assembly of the State of South ...

South Carolina - 1914 - 734 sider
...certified by the bank on which it is drawn, the certification is equivalent to an acceptance. § 188. Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. •§ 189. A check of itself does not operate as an assignment of any part of the funds to the credit...
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Handbook of the Law of Bills and Notes

Charles Phelps Norton, William Underhill Moore, Harold McLean Wilkie - 1914 - 800 sider
...certified by the bank on which it is drawn, the certification is equivalent to an acceptance.48 Sec. 188. Where the holder of a check procures it to be accepted...drawer and all indorsers are discharged from liability thereon.47 Sec. 189. A check of itself does not operate as an assignment of any part of the funds to...
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An Annotated Revision of the Statutes of Louisiana Through the ..., Volum 1

Louisiana, Robert Hardin Marr - 1915 - 960 sider
...certification is equivalent to an acceptance. Discharge of Parties by Certification. 627. [Sec. 188.] Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. Check is Not Assignment. 628. [Sec. 189.] A check of itself does not operate as an assignment of any...
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The Kentucky Negotiable Instruments Law: Annotated

John Cochran Miller - 1915 - 268 sider
...Bank v. Bank of Ravenswood, 141 Ky. 671, 133 SW 581. § 188. Certification Procured by Holder. — "Where the holder of a check procures it to be accepted...indorsers are discharged from liability thereon." The reader will notice that in order to relieve the drawer and indorsers under this section, the certification...
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Essentials of the Law ...: Elementary law ... with notes and references for ...

Marshall Davis Ewell - 1915 - 1178 sider
...628. 5. See id. 583. 9. See id. 630. 6. See id. 584. 1. See id. 633. 7. See Eaton & Gilb. 17, 18. ' .. accepted or certified the drawer and all indorsers are discharged from liability thereon.2 Sec. 189. A check of itself does not operate as an assignment of any part of the funds to...
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Laws of the State of Mississippi

Mississippi - 1916 - 790 sider
...equivalent to an acceptance. SEC. 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. 189. When check operates as an assignment. — A check of itself does not operate as an assignment...
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Reports of Cases Determined in the Appellate Courts of Illinois, Volum 197

Illinois. Appellate Court, Martin L. Newell, Mason Harder Newell, Walter Clyde Jones, Keene Harwood Addington, Basil Jones, James Max Henderson, Ray Smith - 1916 - 726 sider
...which it is drawn, the certification is equivalent to an acceptance." Section 204. (J. & A. fi 7826.) "Where the holder of a check procures it to be accepted...indorsers are discharged from liability thereon." Section 205. (J. & A. fl 7827.) " A check of itself does not operate as an assignment of any part of...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - 1916 - 376 sider
...Nat. Bank, 213 NY 301. § 188. Effect where the holder of check procures it to be certified.—Where the holder of a check procures it to be accepted or...all indorsers are discharged from liability thereon. Reason for the rule.—When the holder, instead of insisting upon immediate payment, has the check...
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Public Documents, Del 4

West Virginia - 1917 - 1608 sider
...to an acceptance. (Acts 1907, Reg. Sess., c. 81.) § 188. Effect of certification or acceptance. — Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. (Acts 1907, Reg. Sess., c. 81.) § 189. Check not assignment of fund. — A check of itself does not...
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Banking Laws: An Official Manual Containing All State Laws of General Nature ...

West Virginia - 1917 - 174 sider
...is drawn, the certification is equivalent to an acceptance. (Acts 1907, Beg. Sess., c. 81.) § 188. Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. (Acts 1907, Reg. Sess., c. 81.) § 189. Check not assignment of fund. — A check of itself does not...
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