A check or other draft does not of itself operate as an assignment of funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until the drawee accepts it.
ORS 73.0408
Known as the Uniform Commercial Code
The act spans §§ 73–73 (149 sections).
1993 c.545 §49
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.