Home/Pennsylvania/Statutes/Title 13: COMMERCIAL CODE/Ch. 34: LIABILITY OF PARTIES/§ 3408
Pennsylvania Statutes

§ 3408 — Drawee not liable on unaccepted draft

Pennsylvania § 3408
JurisdictionPennsylvania
Title 13COMMERCIAL CODE
Ch. 34LIABILITY OF PARTIES

This text of Pennsylvania § 3408 (Drawee not liable on unaccepted draft) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
13 Pa. Cons. Stat. § 3408 (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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Nearby Sections

15
§ 3401
Signature necessary for liability on instrument
§ 3402
Signature by representative
§ 3403
Unauthorized signature
§ 3404
Impostors; fictitious payees
§ 3405
Employer's responsibility for fraudulent indorsement by employee
§ 3406
Negligence contributing to forged signature or alteration of instrument
§ 3407
Alteration
§ 3408
Drawee not liable on unaccepted draft
§ 3409
Acceptance of draft; certified check
§ 3410
Acceptance varying draft
§ 3411
Refusal to pay cashier's checks, teller's checks and certified checks
§ 3412
Obligation of issuer of note or cashier's check
§ 3413
Obligation of acceptor
§ 3414
Obligation of drawer
§ 3415
Obligation of indorser
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Bluebook (online)
Pennsylvania § 3408, Counsel Stack Legal Research, https://law.counselstack.com/statute/pa/3408.