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The Florida Statutes

The 2024 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS
Chapter 673
UNIFORM COMMERCIAL CODE: NEGOTIABLE INSTRUMENTS
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F.S. 673.4081
673.4081 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 which are available for its payment, and the drawee is not liable on the instrument until the drawee accepts it.
History.s. 2, ch. 92-82.