Okla. Stat. tit. 12A, § 12A-3-409
This is the official text of Okla. Stat. tit. 12A, § 12A-3-409, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
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Acceptance of Draft; Certified Check
Official statutory text
ACCEPTANCE OF DRAFT; CERTIFIED CHECK
(a) "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 is delivered for the purpose of giving
rights on the acceptance to any person.
(b) A draft may be accepted although it has not been signed by
the drawer, is otherwise incomplete, is overdue, or has been
dishonored.
(c) If a draft is payable at a fixed period after sight and the
acceptor fails to date the acceptance, the holder may complete the
acceptance by supplying a date in good faith.
(d) "Certified check" means a check accepted by the bank on
which it is drawn. Acceptance may be made as stated in subsection
(a) of this section or by a writing on the check which indicates
that the check is certified. The drawee of a check has no
obligation to certify the check, and refusal to certify is not
dishonor of the check.
(a) "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 is delivered for the purpose of giving
rights on the acceptance to any person.
(b) A draft may be accepted although it has not been signed by
the drawer, is otherwise incomplete, is overdue, or has been
dishonored.
(c) If a draft is payable at a fixed period after sight and the
acceptor fails to date the acceptance, the holder may complete the
acceptance by supplying a date in good faith.
(d) "Certified check" means a check accepted by the bank on
which it is drawn. Acceptance may be made as stated in subsection
(a) of this section or by a writing on the check which indicates
that the check is certified. The drawee of a check has no
obligation to certify the check, and refusal to certify is not
dishonor of the check.
Status: in_force · Read it on the official government site
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