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Cornell University Law School
Uniform Commercial Code › U.C.C. ARTICLE 3 NEGOTIABLE INSTRUMENTS (2002) › PART 4. LIABILITY OF PARTIES
§ 3408. DRAWEE NOT LIABLE ON UNACCEPTED DRAFT.
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.
‹ § 3407. ALTERATION. up § 3409. ACCEPTANCE OF DRAFT; CERTIFIED CHECK. ›
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https://www.law.cornell.edu/ucc/3/3408 1/1