N.H. Rev. Stat. § 382-A:3-408

Current through Chapter 378 of the 2024 Legislative Session
Section 382-A: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.

RSA 382-A:3-408

1993, 346:1, eff. Jan. 1, 1994.