 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.  Session Laws of the State of Washington - Side 372av Washington (State) - 1899Uten tilgangsbegrensning - Om denne boken
 | John Warwick Daniel, Charles Alexander Douglass - 1903 - 1034 sider
...all indorsers are discharged from liability thereon. §325. When check operates as an assignment. — A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. * The numbers of the sections of this article in other States than New York are as follows: Arizona.... | |
 | Idaho. Supreme Court - 1913 - 930 sider
...place such fund beyond the control of the depositor. 2. Under the provisions of see. 3646, Rev. Codes, "A check of itself does not operate as an assignment...unless and until it accepts or certifies the check." 3. This section of the statute provides that the issuing of a check in no way transfers or assigns... | |
 | Connecticut. Board of Finance and Control - 1903 - 1150 sider
...all indorsers are discharged from liability thereon. i*?, ch.74, sm § 4359 Check pot an assignment. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. CHAPTER 235. General Provisions. § 4360. Negotiable instruments delivered prior to April 5th, 1897.... | |
 | International Correspondence Schools - 1903 - 646 sider
...the negotiable instruments laws in states where they exist, and by the weight of judicial authority, "a check, of itself, does not operate as an assignment...liable to the holder, unless and until it accepts and certifies the check."'" "•Can. B. of E. Act, Sec. 58. »»» NYNIL, Sec. 325; Pa. NIL, »«»Eng.... | |
 | Montana - 1903 - 434 sider
[ Beklager, innholdet på denne siden er tilgangsbegrenset. ] | |
 | James Webster Eaton, Frank Bixby Gilbert - 1903 - 872 sider
...operates as an assignment. a. Statutory provision.— The Negotiable Instruments Law provides that: "A check of itself does not operate as an assignment " of any of the funds to the credit of the drawer with the bank, " and the bank is not liable to the holder... | |
 | Michigan State Bar Association - 1903 - 162 sider
...conflict of authority." There is the disputed question as to whether a "check operates as an assignment of the funds to the credit of the drawer with the bank." This act declares that a check does not so ooerate, and it Is so held in Grammel vs. Carver, 65 Mich.,... | |
 | 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) - 1904 - 778 sider
...accepted or certified the drawer and all indorsees are discharged from liability thereon. Section 325. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check." The bank claims that its certification, while it concedes it was an acceptance, was an acceptance to... | |
 | Edward Voigt, Charles Voigt - 1904 - 836 sider
...the drawer and all indorsers are discharged from liability thereon. Check not assignment of funds.— A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. SECTION XXI. NOTES FOR PATENTS, LIGHTNING RODS, ETC. Words to be printed on faee of note.— All promissory... | |
 | Maryland - 1904 - 1280 sider
...be accepted or certified, the drawer and all indorsers are discharged from liability thereon. 208. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. ARTICLE XIV. BILLS OF LADING, STORAGE AND ELEVATOR RECEIPTS. 1. Bills of lading to be negotiable instruments.... | |
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