Utah Code § 70A-3-409

Acceptance of draft -- Certified check
Open in Lexace · Ask the AI about this section
(1) "Acceptance" means the drawee's signed agreement to pay a draft as presented. It must be
written on the draft and may consist of the drawee's signature alone. Acceptance may be
made at any time and becomes effective when notification pursuant to instructions is given or
the accepted draft is delivered for the purpose of giving rights on the acceptance to any person.
(2) A draft may be accepted although it has not been signed by the drawer, is otherwise
incomplete, is overdue, or has been dishonored.

(3) If a draft is payable at a fixed period after sight and the acceptor fails to date the acceptance,
the holder may complete the acceptance by supplying a date in good faith.
(4) "Certified check" means a check accepted by the bank on which it is drawn. Acceptance may
be made as stated in Subsection (1) or by a writing on the check which indicates that the check
is certified. The drawee of a check has no obligation to certify the check, and refusal to certify
is not dishonor of the check.

‹ Prev All Utah 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.