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Connecticut · Through Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)

Conn. Gen. Stat. § 42a-3-412: Obligation of issuer of note or cashier's check.

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Where this section sits in the code
  1. TITLE 42a. UNIFORM COMMERCIAL CODE
  2. ARTICLE 3*. NEGOTIABLE INSTRUMENTS
  3. PART 4. LIABILITY OF PARTIES

The issuer of a note or cashier's check or other draft drawn on the drawer is obliged to pay the instrument (i) according to its terms at the time it was issued or, if not issued, at the time it first came into possession of a holder, or (ii) if the issuer signed an incomplete instrument, according to its terms when completed, to the extent stated in sections 42a-3-115 and 42a-3-407. The obligation is owed to a person entitled to enforce the instrument or to an endorser who paid the instrument under section 42a-3-415.

Collected 2026-09-06T19:07:15Z. Source file · JSON

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