Certification of checks
Known as the Alaska Banking Code
The act spans §§ 6–6 (113 sections).
(a) The check of a depositor may not be certified unless the amount of the check actually stands to the credit of the drawer.
(b) Any check certified is a valid obligation against the bank when held by an innocent holder.
(c) [Repealed, § 102 ch 26 SLA 1993.]
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.