A check or other draft does not of itself operate as an assignment of any funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until he accepts it.
Ohio Rev. Code Ann. § 1303.45
Drawee not liable on unaccepted draft - UCC 3-408
Applied in 1 court decision — leading case In Re Danowski (2005)
Most recently applied in In Re Danowski (January 2005)
Effective: August 19, 1994; Latest Legislation: Senate Bill 147 - 120th General Assembly
Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.