Georgia Statutes
§ 11-3-408 — Drawee not liable on unaccepted draft
Georgia § 11-3-408
JurisdictionGeorgia
Title11
This text of Georgia § 11-3-408 (Drawee not liable on unaccepted draft) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
O.C.G.A. § 11-3-408 (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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Related
American Viking Contractors, Inc. v. Scribner Equipment Co., Inc., Scribner Equipment Co., Inc. v. Henry F. Nelson
745 F.2d 1365 (Eleventh Circuit, 1984)
Bradley v. Tattnall Bank
318 S.E.2d 657 (Court of Appeals of Georgia, 1984)
Harrison v. Martin
444 S.E.2d 618 (Court of Appeals of Georgia, 1994)
Miller v. Calhoun/Johnson Co.
497 S.E.2d 397 (Court of Appeals of Georgia, 1998)
Brown v. McGriff
567 S.E.2d 374 (Court of Appeals of Georgia, 2002)
Southern Development Co. v. Shepco Paving, Inc.
426 S.E.2d 234 (Court of Appeals of Georgia, 1992)
FIRST STATE BANK & TRUST COMPANY v. Young
415 S.E.2d 18 (Court of Appeals of Georgia, 1992)
Marchman Oil & Chemical Company, Inc. v. Southern Petroleum Trading Company Ltd.
307 S.E.2d 509 (Court of Appeals of Georgia, 1983)
Scott v. Citizens Bank of Americus
373 S.E.2d 633 (Court of Appeals of Georgia, 1988)
Frank Maddox Realty & Mortgage, Inc. v. First National Bank
395 S.E.2d 326 (Court of Appeals of Georgia, 1990)
Davidson v. Willis
362 S.E.2d 115 (Court of Appeals of Georgia, 1987)
Whooping Creek Construction, LLC v. Bartow County Bank
713 S.E.2d 871 (Court of Appeals of Georgia, 2011)
Nearby Sections
15
§ 11-1-101
Short titles§ 11-1-102
Scope of article§ 11-1-104
Construction against implicit repeal§ 11-1-105
Severability§ 11-1-106
Use of singular and plural; gender§ 11-1-107
Section captions§ 11-1-201
General definitions§ 11-1-202
Notice; knowledge§ 11-1-204
Value§ 11-1-205
Reasonable time; seasonableness§ 11-1-206
PresumptionsCite This Page — Counsel Stack
Bluebook (online)
Georgia § 11-3-408, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/11-3-408.