Current through the 2024 Budget Session
Section 6-3-701 - Definitions(a) As used in this article: (i) "Check" means a written unconditional order to pay a sum certain in money drawn on a bank payable on demand and signed by the drawer; (ii) "Knowingly issues" means issuing a check to obtain property or to pay a debt with intent to defraud or deceive any other person; (iii) "Drawee" means the bank or purported bank upon which a check is drawn; (iv) "Drawer" means a person either real or fictitious whose name appears on a check as the primary obligor whether the actual signature is that of himself or of a person authorized to draw the check in his behalf; (v) "Insufficient funds" means when the drawer issues a check from the drawee and has no checking account with the drawee or has funds or credit in a checking account with the drawee in an amount less than the amount of the check plus the amount of all other checks outstanding at the time of issuance. A check dishonored for "no account", "account closed" or "nonsufficient funds" shall also be deemed to be dishonored for "insufficient funds"; (vi) "Issue" means make, draw, deliver or pass a check.