North Dakota Statutes

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

North Dakota § 41-03-45
JurisdictionNorth Dakota
Title 41Uniform Commercial Code
Ch. 41-03Negotiable Instruments

This text of North Dakota § 41-03-45 ((3-408) Drawee not liable on unaccepted draft) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 41-03-45 (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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Bluebook (online)
North Dakota § 41-03-45, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/41-03-45.