☰ Revisor of Missouri

Title XXVI TRADE AND COMMERCE

Chapter 400

Effective - 28 Aug 1992, 2 histories bottom

  400.3-408.  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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(L. 1992 S.B. 448)


---- end of effective   28 Aug 1992 ----

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