BlackletterCalifornia law

Commercial Code § 3408

CHAPTER 4. Liability of Parties

Current as of September 28, 2026Com. Code, § 3408Official source ↗

Repealed and added by Stats. 1992, Ch. 914, Sec. 6. Effective January 1, 1993.

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.