Ask Reggi Your Question Now
Reggi is the free generative AI assistance for regulatory compliance
Can you summarize HIRS 490:4-404?
Relationship Between Payor Bank and its Customer > Bank not obligated to pay check more than six months old.
Short Summary
A bank is under no obligation to a customer having a checking account to pay a check, other than a certified check, which is presented more than six months after its date, but it may charge its customer’s account for a payment made thereafter in good faith. [L 1965, c 208, 4-404; HRS 490:4-404; ree L 1991, c 118, pt of 4]
Jurisdiction
Hawaii