GroundRules
Miss. Code Ann. § 75-3-412: Obligation of issuer of note or cashier’s check.
Where this section sits in the code
- Title 75. Regulation of Trade, Commerce and Investments
- Chapter 3. Uniform Commercial Code — Negotiable Instruments
- 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 75-3-115 and 75-3-407. The obligation is owed to a person entitled to enforce the instrument or to an indorser who paid the instrument under Section 75-3-415.
Collected 2026-10-27T05:54:13Z. Source file · JSON
Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License
Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source