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" A check of itself does not operate as an assignment of any part of the funds to the credit of the drawer with the bank, and the bank is not liable to the holder, unless and until it accepts or certifies the check. "
The Northwestern Reporter - Halaman 404
1912
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Acts of the State of Ohio, Volume 95

Ohio - 1902 - 1048 halaman
...indorsers are discharged from liability thereon. ^ec- 3177Z- [Where check operates as an assignment.] A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. SUBDIVISION 4. General Provisions. Sec. 3178. [Definitions and meaning of terms.] In this chapter,...
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Acts of the State of Ohio, Volume 95

Ohio - 1902 - 1050 halaman
...indorsers are discharged from liability thereon. Sec. 3177". [Where check operates as an assignment.] A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. SUBDIVISION 4. General Provisions. Sec. 31/8. [Definitions and meaning of terms.] In this chapter,...
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Official Gazette, Volume 86,Masalah 38-40

Philippines - 1990 - 556 halaman
...contract between payee and drawee; neither' is the drawee a debtor to the payee depositor, because a check does not operate as an assignment of any part of the...the drawer with the bank and the bank is not liable unless it accepts or certifies the check. 8. EFFECT OP STOP ORDER ON PAYEE.-The payee can not insist...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 22

Idaho. Supreme Court - 1913 - 930 halaman
...place such fund beyond the control of the depositor. 2. Under the provisions of see. 3646, Rev. Codes, "A check of itself does not operate as an assignment...unless and until it accepts or certifies the check." 3. This section of the statute provides that the issuing of a check in no way transfers or assigns...
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The Budget Report of the State Board of Finance and ..., Volume 1,Bagian 1

Connecticut. Board of Finance and Control - 1903 - 1150 halaman
...all indorsers are discharged from liability thereon. i*?, ch.74, sm § 4359 Check pot an assignment. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. CHAPTER 235. General Provisions. § 4360. Negotiable instruments delivered prior to April 5th, 1897....
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A Treatise on the Law of Negotiable Instruments, Volume 2

John Warwick Daniel, Charles Alexander Douglass - 1903 - 1034 halaman
...all indorsers are discharged from liability thereon. §325. When check operates as an assignment. — A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. * The numbers of the sections of this article in other States than New York are as follows: Arizona....
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General Laws of the State of Idaho ...

Idaho - 1903 - 494 halaman
...accepted or certified, the drawer and all indorsers are discharged from liability thereon. SEC. 189. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. SEC. 190. This act shall be known as the Negotiable Instrument Law. SEC. 191. In this act unless the...
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Principles of Law: Commercial Paper; Banks and Banking; Partnership ...

International Correspondence Schools - 1903 - 646 halaman
...the negotiable instruments laws in states where they exist, and by the weight of judicial authority, "a check, of itself, does not operate as an assignment...liable to the holder, unless and until it accepts and certifies the check."'" "•Can. B. of E. Act, Sec. 58. »»» NYNIL, Sec. 325; Pa. NIL, »«»Eng....
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A Treatise on Commercial Paper and the Negotiable Instruments Law: Including ...

James Webster Eaton, Frank Bixby Gilbert - 1903 - 872 halaman
...operates as an assignment. a. Statutory provision.— The Negotiable Instruments Law provides that: "A check of itself does not operate as an assignment " of any of the funds to the credit of the drawer with the bank, " and the bank is not liable to the holder...
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Proceedings of the ... Annual Meeting of the Michigan ..., Volume 14,Bagian 1903

Michigan State Bar Association - 1903 - 162 halaman
...conflict of authority." There is the disputed question as to whether a "check operates as an assignment of the funds to the credit of the drawer with the bank." This act declares that a check does not so ooerate, and it Is so held in Grammel vs. Carver, 65 Mich.,...
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