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Drawee Not Liable on Unaccepted Draft.

RSA 382-A:3-408
in effect
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382-A: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. Source. 1993, 346:1, eff. Jan. 1, 1994.
Source: New Hampshire General Court (gc.nh.gov)URL: https://gc.nh.gov/rsa/html/XXXIV-A/382-A/382-A-3-408.htmFetched: 10/20/2026

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