 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.  The Northeastern Reporter - Página 2711922Visualização integral - Acerca deste livro
 | Francis Buchanan Tiffany - 1912 - 732 páginas
...jurisdictions, and which is now established in all states which have adopted the Negotiable Instruments Law, a check of itself does not operate as an assignment...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... | |
 | South Dakota - 1913 - 796 páginas
...accepted or certified, the drawer and all indorsers are discharged from liability thereon. § 187. A check of itself does not operate as an assignment...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... | |
 | 1913 - 1272 páginas
...claim against the commission company. [3] Section 188 of the Negotiable Instrument Act is as follows : "A check of itself does not operate as an assignment...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... | |
 | South Dakota - 1913 - 804 páginas
...accepted or certified, the drawer and all indorsers are discharged from liability thereon. § 187. A check of itself does not operate as an assignment...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... | |
 | James Smith McMaster - 1905 - 966 páginas
...one that can force the bank to pay. The negotiable instruments law recognizes this rule, and says: "A check of itself does not operate as an assignment...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... | |
 | 1913 - 480 páginas
...or undue influence in the same manner as if the drawer were living. Under American law, however— a check of itself does not operate as an assignment...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... | |
 | William Frederick Elliott - 1913 - 1180 páginas
...Perkins, 12 Mass. 206; Bank of amount due." A check, of itself, according to the weight of authority 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... | |
 | Frederick Hampden Bacon - 1913 - 226 páginas
...but meantime the bank fails so that the check is not good, the loss falls on the holder. Ordinarily a check of itself does not operate as an assignment of any part 142 of the funds to the credit of the drawer with the bank, and the bank is not liable to the holder... | |
 | James Smith McMaster - 1906 - 832 páginas
...after which payment, if made, is at the peril of the bank. A check of this kind is not an appropriation of any part of the funds to the credit of the drawer with the bank, and does not constitute any claim or right of atcion against the bank until it is accepted... | |
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