Oregon Statutes
§ 73.0408 — Drawee not liable on unaccepted draft
Oregon § 73.0408
This text of Oregon § 73.0408 (Drawee not liable on unaccepted draft) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Or. Rev. Stat. § 73.0408 (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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Legislative History
1993 c.545 §49
Nearby Sections
15
§ 73.0101
Short title§ 73.0102
Application of chapter§ 73.0103
Definitions§ 73.0105
Issue of instrument§ 73.0106
Unconditional promise or order§ 73.0107
Instrument payable in foreign money§ 73.0109
Payable to bearer or to order§ 73.0111
Place of payment§ 73.0112
Interest§ 73.0113
Date of instrument§ 73.0114
Contradictory terms of instrumentCite This Page — Counsel Stack
Bluebook (online)
Oregon § 73.0408, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/73.0408.