Ask Reggi Your Question Now

Reggi is the free generative AI assistance for regulatory compliance
Ask a Question

Can you summarize NCGS 25-4-404?

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. (C. S., s. 3168; 1929, c. 341, s. 3; 1965, c. 700, s. 1.)

Jurisdiction

North Carolina

Source
NCGS 25-4-404 [https://reggi.cloud.regology.com/regulations/US-NCGS/US-NCGS_C_25_SC_4_P_4_S_404]