Ky. Rev. Stat. § 355.3-408
Current through Acts Received April 24, 2024
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.
KRS 355.3-408
Repealed and reenacted 1996, Ky. Acts ch. 130, sec. 46, effective1/1/1997. -- Created 1958 Ky. Acts ch. 77, sec. 3-408, effective 7/1/1960.