Neb. U.C.C. § 3-408

Current with changes through the 2024 First Special Legislative Session
Section 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.

Neb. U.C.C. § 3-408

Laws 1991, LB 161, § 49.