Public-domain · open source
OpenJurist

Fla. Stat. § 673.4081

Drawee not liable on unaccepted draft

Known as the Uniform Commercial Code

The act spans §§ 673–673 (69 sections).

History.--s. 2, ch. 92-82.

A check or other draft does not of itself operate as an assignment of funds in the hands of the drawee which are available for its payment, and the drawee is not liable on the instrument until the drawee accepts it.

Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.