Commercial Code - COM
DIVISION 3. NEGOTIABLE INSTRUMENTS [3101 - 3605]
( Division 3 repealed and added by Stats. 1992, Ch. 914, Sec. 6. ) CHAPTER 4. Liability of Parties [3401 - 3420]
( Chapter 4 added by Stats. 1992, Ch. 914, Sec. 6. ) 3408.
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.
(Repealed and added by Stats. 1992, Ch. 914, Sec. 6. Effective January 1, 1993.)