Laws of New York (Last Updated: November 21, 2014) |
UCC Uniform Commercial Code |
Article 3. COMMERCIAL PAPER |
Part 4. LIABILITY OF PARTIES |
Section 3--411. Certification of a Check
Latest version.
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(1) Certification of a check is acceptance. Where a holder procures certification the drawer and all prior indorsers are discharged. (2) Unless otherwise agreed a bank has no obligation to certify a check. (3) A bank may certify a check before returning it for lack of proper indorsement. If it does so the drawer is discharged.