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Louisiana · Through 2025 First Extraordinary Session

RS 10:3-408: Drawee not liable on unaccepted draft

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Where this section sits in the code
  1. TITLE 10. COMMERCIAL LAWS

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.

Collected 2026-09-14T04:50:03Z. Source file · JSON

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