Postdating a check in california Women online webcam free 1 to 1

Posted by / 31-Aug-2016 20:12

Postdating a check in california

Unless you set things up correctly with your bank, the bank is free to pay funds out of your account before the date shown on your check.

Ask first: What’s more, a postdated check might not be an acceptable form of payment.

a check delivered now with a written date in the future, so that it cannot be cashed until that date.

A postdated check offers the promise of controlling the uncontrollable: As time marches forward, you may wonder what the date on a check really does.

(Commercial Code § 4404) There is no law that prohibits a check writer from postdating a check (giving it a date in the future).

However, a bank has no duty to respect that limit, and may pay the check in advance of its stated date, unless the customer gives notice to the bank of the postdating, describing the check with reasonable certainty.

known to be worthless when issued, both because such a check is not within the terms of the statute(17) and because the lender intends to extend credit, and does not rely on any representation by the borrower that there is money or will be in the account, and understands that there is a high degree of risk.

A few months ago, a friend of mine—who is a lawyer, no less!

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