Texas § BC.3.408 - DRAWEE NOT LIABLE ON UNACCEPTED DRAFT
Full text of Texas The Texas Constitution § BC.3.408 — DRAWEE NOT LIABLE ON UNACCEPTED DRAFT, with citation guidance and answers to common questions.
§ BC.3.408. DRAWEE NOT LIABLE ON UNACCEPTED DRAFT
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. Amended by Acts 1995, 74th Leg., ch. 921, Sec. 1, eff. Jan. 1, 1996.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § BC.3.408
What does The Texas Constitution § BC.3.408 cover?
Section BC.3.408 ("DRAWEE NOT LIABLE ON UNACCEPTED DRAFT") is part of the The Texas Constitution, the codified statutory law of Texas. 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 Texas § BC.3.408?
A common citation format is "The Texas Constitution § BC.3.408" (Texas). 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 Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § BC.3.408 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas 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 Texas.