{"data":{"id":"us-tx/tex.-business-commerce-code-3.408","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 3.408","heading":"DRAWEE NOT LIABLE ON UNACCEPTED DRAFT.","body":"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.\nAmended by Acts 1995, 74th Leg., ch. 921, Sec. 1, eff. Jan. 1, 1996.","path":["BUSINESS AND COMMERCE CODE","TITLE 1. UNIFORM COMMERCIAL CODE","CHAPTER 3. NEGOTIABLE INSTRUMENTS","SUBCHAPTER D. LIABILITY OF PARTIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.3.htm#3.408","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"0ff84b2f95d659bafff1675507e25eb4df80ac612128f14e94ffe4c4ccf09ac1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-3.407","next":"us-tx/tex.-business-commerce-code-3.409"},"notice":"GroundRules: Original legal text. Not legal advice."}