Ask Reggi Your Question Now
Can you summarize ALCA 13A-9-13.1?
Forgery and Related Offenses. > Negotiating worthless negotiable instrument - Generally.
Short Summary
This section of the Code of Alabama, specifically under the Forgery and Fraudulent Practices section, addresses the crime of negotiating a worthless negotiable instrument. It applies to any person who negotiates or delivers a negotiable instrument for a thing of value with the intent, knowledge, or expectation that it will not be honored by the drawee. The section provides instances where it is considered prima facie evidence that the maker or drawer intended, knew, or expected that the instrument would not be honored. These instances include the maker or drawer having no account with the drawee at the time of negotiation or delivery, payment being refused by the drawee for lack of funds within 30 days after delivery, and notice of payment refusal being returned undelivered to the sender. Negotiating a worthless negotiable instrument is classified as a Class A misdemeanor. The section also defines the terms ’negotiable instrument,’ ’negotiation,’ and ‘delivery’ as they apply to this section and related sections.
Whom does it apply to?
Any person who negotiates or delivers a negotiable instrument for a thing of value
What does it govern?
Negotiating a worthless negotiable instrument
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Class A misdemeanor
Jurisdiction
Alabama