Montana Statutes
§ 30-3-409 — Drawee Not Liable On Unaccepted Draft
Montana § 30-3-409
JurisdictionMontana
Title 30TRADE AND COMMERCE
Ch. 3UNIFORM COMMERCIAL CODE NEGOTIABLE INSTRUMENTS
Part 4Liability of Parties
This text of Montana § 30-3-409 (Drawee Not Liable On Unaccepted Draft) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Mont. Code Ann. § 30-3-409 (2026).
Text
30-3-409 . 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.
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Legislative History
En. Sec. 3-409, Ch. 264, L. 1963; R.C.M. 1947, 87A-3-409; amd. Sec. 132, Ch. 410, L. 1991.
Nearby Sections
15
§ 30-3-101
Short Title§ 30-3-102
Definitions§ 30-3-103
Repealed§ 30-3-104
Negotiable Instrument§ 30-3-105
Unconditional Promise Or Order§ 30-3-106
Repealed§ 30-3-107
Instrument Payable In Foreign Money§ 30-3-108
Payable On Demand§ 30-3-109
Definite Time§ 30-3-110
Repealed§ 30-3-111
Payable To Bearer Or To Order§ 30-3-112
Repealed§ 30-3-113
Repealed§ 30-3-114
Date Of Instrument§ 30-3-115
Incomplete InstrumentCite This Page — Counsel Stack
Bluebook (online)
Montana § 30-3-409, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/3/30-3-409.