Texas § BC.3.412 - OBLIGATION OF ISSUER OF NOTE OR CASHIER'S CHECK

Full text of Texas The Texas Constitution § BC.3.412 — OBLIGATION OF ISSUER OF NOTE OR CASHIER'S CHECK, with citation guidance and answers to common questions.

§ BC.3.412. OBLIGATION OF ISSUER OF NOTE OR CASHIER'S CHECK

OBLIGATION OF ISSUER OF NOTE OR CASHIER'S CHECK. The issuer of a note or cashier's check or other draft drawn on the drawer is obliged to pay the instrument (i) 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, or (ii) if the issuer signed an incomplete instrument, according to its terms when completed, to the extent stated in Sections 3.115 and 3.407 . The obligation is owed to a person entitled to enforce the instrument or to an indorser who paid the instrument under Section 3.415 . 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.3.412

What does The Texas Constitution § BC.3.412 cover?

Section BC.3.412 ("OBLIGATION OF ISSUER OF NOTE OR CASHIER'S CHECK") 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.3.412?

A common citation format is "The Texas Constitution § BC.3.412" (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.3.412 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.