Idaho Code § 28-3-408

Current through Chapter 330 of the 2024 Regular Legislative Session
Section 28-3-408 - 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.

Idaho Code § 28-3-408

[28-3-408, added 1993, ch. 288, sec. 2, p. 1041.]