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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. "
Annual Report of the Illinois State Bar Association - Side 123
av Illinois State Bar Association - 1899
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Report of the Bank Commissioners of the State of Connecticut

Connecticut. Bank Commissioners - 1908 - 500 sider
...indorsers are discharged from liability thereon. § 4359. Check not an assignment. A check of itself м does not operate as an assignment of any part of the...unless and until it accepts or certifies the check. [General Statutes, Chapter 235.] General Provisions. § 4360. Negotiable instruments delivered prior...
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The American State Reports: Containing the Cases of General Value ..., Volum 117

Abraham Clark Freeman - 1908 - 1208 sider
...need not be presented for acceptance in order to render the parties thereto liable, still as the cheek itself does not operate as an assignment of any part of the fund to the credit of the drawer with the bank, and the drawee bank is not liable to the holder, unless...
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The American State Reports: Containing the Cases of General Value ..., Volum 128

Abraham Clark Freeman - 1909 - 1216 sider
..."A check is a bill of exchange drawn on a bank payable on demand." And section 3177z is as follows: "A check of itself does not operate as an assignment...unless and until it accepts or certifies the check." But this is a certified check. Mr. Daniel says (section 1602) that the certification of checks is an...
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The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - 1909 - 926 sider
...liability thereon. Formerly L. 1897, ch. 612, § 324. § 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. Formerly L. 1897, ch. 612, § 325. § 326. Recovery of forged check. No bank shall be liable to a depositor...
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Bills, Notes and Cheques: The Bills of Exchange Act, Revised Statutes of ...

John James MacLaren - 1909 - 658 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...bank, and the bank is not liable to the holder unless find until it accepts or certifies the check. ARTICLE XVIII.— NOTES GIVEN FOR A PATENT RIGHT AND...
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The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - 1910 - 874 sider
...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. ARTICLE 19. NOTES GIVEN FOE PATENT RIGHTS AND FOE A SPECULATIVE CONSIDERATION. SECTION 330. Negotiable...
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The Law of Negotiable Instruments: Statutes, Cases and Authorities

Ernest Wilson Huffcut - 1910 - 914 sider
...need not be presented for acceptance in order to render the parties thereto liable, still as the check itself does not operate as an assignment of any part of the fund to the credit of the drawer with the bank, and the drawee bank is not liable to the holder, unless...
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The Law of Negotiable Paper: Containing the Text of the Uniform Negotiable ...

Alfred William Bays - 1911 - 216 sider
...payable on demand apply to a check. to the drawer as provided for in the case of bills of exchange, or the drawer will be discharged from liability thereon...certifies the check. TITLE IV. — GENERAL PROVISIONS. AHnctE I. Sec. 190. This Act shall be known as the Negotiable Instrument Law. Sec. 191. In this Act,...
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The Law of Negotiable Paper: Containing the Text of the Uniform Negotiable ...

Alfred William Bays - 1911 - 216 sider
...188. Where the holder of a check procures it to be accepted or certified, the drawer and all indoraers are discharged from liability thereon. Sec. 189. A...unless and until it accepts or certifies the check. Trruc IV.— GENEBAL PBOVTSKHTS. ARTICLE I. Sec. 190. This Act shall be known as the Negotiable Instrument...
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The Code of Law for the District of Columbia: Enacted March 3, 1901 ...

District of Columbia - 1911 - 552 sider
...ASSIGNMENT OF FUNDS. — AnJ°w2IJsrj) check of itself does not operate as an assignment of any App.,H2. •part of the funds to the credit of the drawer with...unless and until it accepts or certifies the check. CHAPTER XLVH. PARTNERS. sec. 1210. gec> 1494. COMPOSITION WITH CREDITORS ON DISSOLUTION. — Where...
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