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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. "
McMaster's Commercial Decisions Affecting the Banker and Merchant [from the ... - Stranica 215
napisao/la James Smith McMaster - 1905
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The Negotiable Instruments Law: With Comments and Criticisms

Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - 1908 - Broj stranica: 276
...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...unless and until it accepts or certifies the check. 3 TITLE IV. GENERAL PROVISIONS. ARTICLE I. Sec. 190. This act shall be known as the Negotiable Instruments...
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The Negotiable Instruments Law with Comments and Criticisms: Reprinted from ...

Joseph Doddridge Brannan - 1908 - Broj stranica: 276
...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...holder, unless and until it accepts or certifies the check.3 TITLE IV. GENERAL PROVISIONS ARTICLE I. Sec. 190. This act shall be known as the Negotiable...
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Popular Law Library, Putney...

Albert H. Putney - 1908 - Broj stranica: 394
...DOES NOT OPERATE AS ASSIGNMENT OF FUND UNTIL ACCEPTANCE.] § 189. A check of *Note. — A« per copy. itself does not operate as an assignment of any part...unless and until it accepts or certifies the check. TITLE IV.— GENERAL PROVISIONS. ARTICLE I. [TITLE OF ACT.] § 190. This act shall be known as the...
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Bills and notes. Guaranty and suretyship. Insurance. Bankruptcy

Albert Hutchinson Putney - 1908 - Broj stranica: 396
...DOES NOT OPERATE AS ASSIGNMENT OF FUND UNTIL ACCEPTANCE.] § 189. A check of *Noto. — As per copy. itself does not operate as an assignment of any part...unless and until it accepts or certifies the check. TITLE IV.— GENERAL PROVISIONS. ARTICLE I. [TITLE OF ACT.] § 190. This act shall be known as the...
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Report of the Bank Commissioners of the State of Connecticut

Connecticut. Bank Commissioners - 1908 - Broj stranica: 500
...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 ..., Opseg 117

Abraham Clark Freeman - 1908 - Broj stranica: 1208
...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 Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - 1909 - Broj stranica: 926
...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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The American State Reports: Containing the Cases of General Value ..., Opseg 128

Abraham Clark Freeman - 1909 - Broj stranica: 1216
..."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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Bills, Notes and Cheques: The Bills of Exchange Act, Revised Statutes of ...

John James MacLaren - 1909 - Broj stranica: 658
...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 - Broj stranica: 874
...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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