Ohio · Through 1994-08-19 (Senate Bill 147 - 120th General Assembly)

Ohio Rev. Code § 1303.45: Drawee not liable on unaccepted draft - UCC 3-408.

Where this section sits in the code

Title 13 Commercial Transactions
Chapter 1303 Commercial Paper

A check or other draft does not of itself operate as an assignment of any funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until he accepts it.

Collected 2026-09-14T19:24:29Z. Source file · JSON

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