Utah Statutes
§ 70A-3-408 — Drawee not liable on unaccepted draft.
Utah § 70A-3-408
JurisdictionUtah
Title 70AUniform Commercial Code
Ch. 70A-3Uniform Commercial Code - Negotiable Instruments
Part 70A-3-4Liability of Parties
This text of Utah § 70A-3-408 (Drawee not liable on unaccepted draft.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Utah Code Ann. § 70A-3-408 (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
Repealed and Re-enacted by Chapter 237, 1993 General Session
Nearby Sections
15
§ 70A-10-101
Effective date.§ 70A-10-102
Specific repealer -- Provision for transition.§ 70A-10-103
General repealer.§ 70A-10-104
Laws not repealed.§ 70A-1a-101
Title.§ 70A-1a-102
Scope of chapter.§ 70A-1a-104
Construction against implied repeal.§ 70A-1a-105
Severability.§ 70A-1a-106
Use of singular and plural -- Gender.§ 70A-1a-107
Section captions.§ 70A-1a-201
General definitions.§ 70A-1a-202
Notice -- Knowledge.§ 70A-1a-203
Lease distinguished from security interest.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 70A-3-408, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/70A-3-408.