Utah § 70A-3-412 Obligation of issuer of note or cashier's check.

Utah Statutes

§ 70A-3-412 — Obligation of issuer of note or cashier's check.

Utah § 70A-3-412

Title 70AUniform Commercial Code

Ch. 70A-3Uniform Commercial Code - Negotiable Instruments

Part 70A-3-4Liability of Parties

This text of Utah § 70A-3-412 (Obligation of issuer of note or cashier's check.) 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-3-412 (2026).

Text

The issuer of a note or cashier's check or other draft drawn on the drawer is obliged to pay the instrument according to its terms at the time it was issued or, if not issued, at the time it first came into possession of a holder, or if the issuer signed an incomplete instrument, according to its terms when completed, to the extent stated in Sections 70A-3-115 and 70A-3-407.  The obligation is owed to a person entitled to enforce the instrument or to an indorser who paid the instrument under Section 70A-3-415.

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The issuer of a note or cashier's check or other draft drawn on the drawer is obliged to pay the instrument according to its terms at the time it was issued or, if not issued, at the time it first came into possession of a holder, or if the issuer signed an incomplete instrument, according to its terms when completed, to the extent stated in Sections 70A-3-115 and 70A-3-407. The obligation is owed to a person entitled to enforce the instrument or to an indorser who paid the instrument under Section 70A-3-415.