Massachusetts General Laws ch. 106 sec. 4-404 – Bank Not Obliged to Pay Check More Than Six Months Old
Current as of: 2023 | Check for updates
|
Other versions
Section 4–404. A bank is under no obligation to a customer having a checking account to pay a check, other than a certified check, which is presented more than six months after its date, but it may charge its customer’s account for a payment made thereafter in good faith.
Terms Used In Massachusetts General Laws ch. 106 sec. 4-404
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.