Public-domain · open source
OpenJurist

Overdraw

A Dictionary of Law · Henry Campbell Black · 1891

A Dictionary of Law

To draw upon a person or a bank, by bills or checks, to an amount In excess of the funds remaining tothe drawer'’s credit with the drawee, or to an amount greater than what is due. The term “overdraw” hae a definite and wellunderstood meaning. Money is drawn from the bank by him who draws the check, not by hir. who receives the money; and it is drawn upon the account of the individual by whose check it is drawn, though it be paid to and for the benefit of another, No one can draw money from bank upon his own account, except by means of his own cheek or draft, nor cau he overdraw his account with the bank in any other manner.

2 N. J. Law, 475, 484.