(a) In this subtitle the following words have the meanings indicated. (b) “Check” has the meaning provided in § 3-104(f) of this article. (c) “Dishonor” has the meaning provided in § 3-502 of this article. (d) “Drawer” has the meaning provided in § 3-103(a)(3) of this article. (e) “Holder” has the meaning provided in § 1-201(20) of this article. (f) “Holder […]
(a) When a check or other instrument has been dishonored by nonacceptance or nonpayment and has not been paid within 10 days, the holder to whom the check or other instrument was issued or negotiated may send a notice of dishonor to the maker or drawer as provided under this section. (b) If a check or other […]
(a) A notice of dishonor sent by a holder to a maker or drawer under § 15–802 of this subtitle shall substantially comply with the following form: “NOTICE OF DISHONORED CHECK Date Name of Issuer Street Address City and State You are according to law hereby notified that a check or instrument […]
(a) Notwithstanding any other provisions of this article, §§ 15-802 and 15-803 of this subtitle do not apply to any check: (1) Tendered by a maker or drawer in complete or partial satisfaction of a preexisting credit or loan obligation incurred by the maker or drawer under Title 12 of this article; or (2) That is not a […]
