California Legal Codes and Statutes

§ 3408

Repealed and added by Stats. 1992, Ch. 914, Sec. 6. Effective January 1, 1993.

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.

Cite this section

Cal. Com. Code § 3408 (2026)
https://ca.codecond.com/codes/com/division-3-negotiable-instruments/chapter-4-liability-of-parties/section-3408

Other sections in Chapter 4 - Liability of Parties

§ 3401§ 3402§ 3403§ 3404§ 3405§ 3406§ 3407§ 3408§ 3409§ 3410§ 3411§ 3412§ 3413§ 3414§ 3415§ 3416§ 3417§ 3418§ 3419§ 3420

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