North Dakota Statutes
§ 41-03-45 — (3-408) 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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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.
Nearby Sections
15
§ 41-01-01
(1-101) Short titles§ 41-01-02
(1-102) Scope of chapter§ 41-01-05
(1-105) Severability§ 41-01-07
(1-107) Section captions§ 41-01-09
(1-201) General definitions§ 41-01-10
(1-202) Notice - Knowledge§ 41-01-12
(1-204) Value§ 41-01-13
(1-205) Reasonable time - Seasonableness§ 41-01-14
(1-206) Presumptions