TITLE XXXIV-A
UNIFORM COMMERCIAL CODE

CHAPTER 382-A
UNIFORM COMMERCIAL CODE

ARTICLE 3
NEGOTIABLE INSTRUMENTS

Part 4
Liability of Parties

Section 382-A:3-408

    382-A:3-408 Drawee Not Liable on Unaccepted Draft. – A check or other draft does not of itself operate as an assignment of funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until the drawee accepts it.

Source. 1993, 346:1, eff. Jan. 1, 1994.