California § 3408. 3408. (Repealed and added by Stats. 1992, Ch. 914, Sec. 6.)

California Statutes

§ 3408. — 3408. (Repealed and added by Stats. 1992, Ch. 914, Sec. 6.)

California § 3408.

Code COMCommercial Code - COM

Div. 3.DIVISION 3. NEGOTIABLE INSTRUMENTS

Ch. 4.CHAPTER 4. Liability of Parties

This text of California § 3408. (3408. (Repealed and added by Stats. 1992, Ch. 914, Sec. 6.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Commercial Code - COM Code § 3408. (2026).

Text

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.

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Legislative History

Repealed and added by Stats. 1992, Ch. 914, Sec. 6. Effective January 1, 1993.

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California § 3408., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/COM/3408..