Ohio § 1303.54

§ 1303.54.

(A) This section does not apply to cashier's checks or other drafts drawn on the drawer. (B) If an unaccepted draft is dishonored, the drawer is obliged to pay the draft in accordance

with either of the following: (1) According to its terms at the time it was issued or, if not issued, at the time it

first came into possession of a holder; (2) If the drawer signed an incomplete instrument, according to its terms when completed,

to the extent required by sections 1303.11 and 1303.50 of the Revised Code . The obligation is owed to a person entitled to enforce the draft or to an indorser

who paid the draft under section 1303.55 of the Revised Code . (C) If a draft is accepted by a bank, the drawer is discharged, regardless of when or

by whom acceptance was obtained. (D) If a draft is accepted and the acceptor is not a bank, the obligation of the drawer

to pay the draft if the draft is dishonored by the acceptor is the same as the obligation

of an indorser under division (A) and (C) of section 1303.55 of the Revised Code . (E) If a draft states that it is drawn “without recourse” or otherwise disclaims liability

of the drawer to pay the draft and the draft is not a check, the drawer is not liable

under division (B) of this section to pay the draft.  A disclaimer of the liability stated in division (B) of this section is not effective

if the draft is a check. (F) If a check is not presented for payment or given to a depositary bank for collection

within thirty days after its date, the drawee suspends payments after expiration of

the thirty-day period without paying the check, and, because of the suspension of

payments, the drawer is deprived of funds maintained with the drawee to cover payment

of the check, the drawer to the extent deprived of funds may discharge its obligation

to pay the check by assigning to the person entitled to enforce the check the rights

of the drawer against the drawee with respect to the funds.