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Drawee not liable on unaccepted draft.

Utah Code § 70A-3-408
in effect
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70A-3-408. 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. Repealed and Re-enacted by Chapter 237, 1993 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title70A/Chapter3/70A-3-S408.html?v=C70A-3-S408_1800010118000101Fetched: 10/26/2026

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