Tennessee · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Tenn. Code Ann. § 47-3-408: Drawee not liable on unaccepted draft

Where this section sits in the code

TN Code
Title 47
Chapter 3

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 2026-09-14T18:32:26Z. Source file · JSON

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