New Jersey § 12a:3-409
Full text of New Jersey New Jersey Statutes § 12a:3-409, with citation guidance and answers to common questions.
§ 12a:3-409.
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.
Frequently Asked Questions About New Jersey § 12a:3-409
What does New Jersey Statutes § 12a:3-409 cover?
Section 12a:3-409 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 12a:3-409?
A common citation format is "New Jersey Statutes § 12a:3-409" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:3-409 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.