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2019 Ohio Revised Code
Title [13] XIII COMMERCIAL TRANSACTIONS - OHIO UNIFORM COMMERCIAL CODE
Chapter 1303 - COMMERCIAL PAPER
Section 1303.45 - Drawee not liable on unaccepted draft - UCC 3-408.
Universal Citation: Ohio Rev Code § 1303.45 (2019)
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.
Effective Date: 08-19-1994 .
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