30-3-408. Repealed
30-3-408. Repealed. Sec. 230, Ch. 410, L. 1991. History: En. Sec. 3-408, Ch. 264, L. 1963; R.C.M. 1947, 87A-3-408.
30-3-409. Drawee not liable on unaccepted draft
30-3-409. 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. History: En. Sec. 3-409, Ch. 264, L. 1963; R.C.M. 1947, 87A-3-409; […]
30-3-410. Acceptance of draft — certified check
30-3-410. Acceptance of draft — certified check. (1) “Acceptance” means the drawee’s signed agreement to pay a draft as presented. It must be written on the draft and may consist of the drawee’s signature alone. Acceptance may be made at any time and becomes effective when notification pursuant to instructions is given or the accepted draft […]
30-3-411. Repealed
30-3-411. Repealed. Sec. 230, Ch. 410, L. 1991. History: En. Sec. 3-411, Ch. 264, L. 1963; R.C.M. 1947, 87A-3-411.
30-3-401. Signature
30-3-401. Signature. (1) A person is not liable on an instrument unless: (a) the person signed the instrument; or (b) the person is represented by an agent or representative who signed the instrument and the signature is binding on the represented person under 30-3-403. (2) A signature is made: (a) manually or by means of a device or machine; and […]