North Dakota Code § 41-03-45

(3-408) Drawee not liable on unaccepted draft
Open in Lexace · Ask the AI about this section
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.

‹ Prev All North Dakota sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.