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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. "
Business Law for Engineers - Page 10-9
by Calvin Frank Allen - 1917 - 452 pages
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Reports of Cases Argued and Determined in the Supreme Court of Ohio, Volume 79

Ohio. Supreme Court - 1909 - 616 pages
..."A check is a bill of exchange drawn on a bank payable on demand." And Section 3177s is as follows: "A check of itself does not operate as an assignment...unless and until it accepts or certifies the check." But this is a certified check. Air. Daniel says (Section 1602) that the certification of checks is...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 151-152

1907 - 2170 pages
...TRANSFER OF PROPERTY BY BANKRUPT — UNPAID CHECK. Under Gen. St. 1902, § 43i>0, which provides that "a check of Itself does not operate as an assignment...holder, unless and until it accepts or certifies the chock," the payee of a check drawn against a sufficient deposit and presented two days before the flling...
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The Pacific Reporter, Volume 179

1919 - 1022 pages
...565, 54 Рас. 434 ; 2 Michie on Banks and Banking, 1129. [81 In section 6022, LOL, it Is said that "the bank is not liable to the holder unless and until it accepts or certifies to the check." Hunt countermanded payment of the check before the bank had either paid or accepted...
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The Pacific Reporter, Volume 119

1912 - 1170 pages
...payment was immaterial in an action ou the bill, for LOL §§ 5900. 6022, provides that a check or bill does not operate as an assignment of any part of the funds of the drawer, and that the payor is not liable until acceptance. LKd. Note. — For other cases, see...
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The Southern Reporter, Volume 82

1920 - 932 pages
...Laws of 1916. By eection 189 of this act (section 2767, Hemingway's Code) It le expressly provided: "A check of itself does not operate as an assignment...unless and until it accepts or certifies the check." It follows that appellant could not have propounded successfully any claim to the funds garnished,...
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The South Western Reporter, Volume 259

1924 - 1232 pages
...Instruments Law, art. GOOIA, g 189 (Vernon's Ann. Civ. St. Supp. 1922, art. 6001—189), it is declared that: "A check of itself does not operate as an assignment...unless and until it accepts or certifies the check." True, a contrary effect may be given where the evidence clearly shows an intent on the part of the...
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The Southern Reporter, Volume 77

1918 - 1044 pages
...either the drawers or payee were parties. The section in the Negotiable Instruments Law providing that a check of itself does not operate as an assignment...funds to the credit of the drawer with the bank, and that the bank is not liable to the holder unless and until it accepts or certifies the check (section...
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The Southwestern Reporter, Volume 88

1905 - 1246 pages
...after which payment, if made, is at the peril of the bank. A check of this kind is not an appropriation of any part of the funds to the credit of the drawer with the bank, and does not constitute any claim or right of action against the bank until it is accepted or certified...
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The Southern Reporter, Volume 76

1918 - 1036 pages
...for our statute declares that a check in and of itself does not operate as an assignment of any pnrt of the funds to the credit of the drawer with the bank, and that the bank is not liable to the holder unless and until It accepts or certifies the check. Co'de,...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - 1898 - 700 pages
...or certified, the drawer and all indorsers are discharged from liability thereon. 56 CHANCERY. 208. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. ARTICLE XVI. CHANCERY. Declaratory Decrees. 30. Only declaratory suiis may be brought and decrees passed...
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