US Laws, Codes, Statutes & Cases

No bank which has paid and charged to the account of a depositor any money on a forged, altered, or raised check issued in the name of such depositor shall be liable to such depositor or his legal representative for the amount paid thereon, unless such depositor or his legal representative shall notify the bank that the check so paid is forged, altered, or raised either (1) within one year after notice to such depositor that the vouchers representing payments charged to the account of such depositor for the period during which such payment was made are ready for delivery, or (2) in case no such notice has been given within one year after the return to such depositor or his legal representative of the voucher representing such payment.

Laws 1919, c. 18, § 1, p. 83

C.S.1922, § 8050

C.S.1929, § 8-167

R.S.1943, § 8-170

Laws 1963, c. 29, § 55, p. 157