Indiana Code Title 26. Commercial Law § 26-1-3.1-408
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Sec. 408. 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.
Cite this article: FindLaw.com - Indiana Code Title 26. Commercial Law § 26-1-3.1-408 - last updated June 08, 2021 | https://codes.findlaw.com/in/title-26-commercial-law/in-code-sect-26-1-3-1-408/
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