6 Del. C. § 3-408
This is the official text of 6 Del. C. § 3-408, part of Delaware’s Del. C — part of the compiled statutory law of Delaware, published by the state as "Del. C." Browse the sections below, each linked to its official government source.
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§ Â 3-408. Drawee not liable on unaccepted draft.
Official statutory text
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.
Status: in_force · Read it on the official government site
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