North Dakota Statutes

§ 41-03-45 — (3-408) Drawee not liable on unaccepted draft

North Dakota·Title 41 Uniform Commercial Code·Ch. 41-03 Negotiable Instruments
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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North Dakota § 41-03-45 ((3-408) Drawee not liable on unaccepted draft) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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