2009 Rhode Island Code
Title 6A - Uniform Commercial Code
CHAPTER 6A-3 - Negotiable Instruments
§ 6A-3-408 - Drawee not liable on unaccepted draft.

SECTION 6A-3-408

   § 6A-3-408  Drawee not liable on unaccepted draft. – 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.

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