Postdating a check is it legal Free adult chat no credit card asked for


22-Jul-2017 01:11

In terms of the Texas penal code, a PD check constitutes a promise to pay the amount to the payee on a specific date.

People usually write PD checks when insufficient funds are available to cover the check on the date on which the payee needs it.

People typically do this when they want to give a check to someone but aren't certain they'll have enough money in their account until a certain date to cover it.leginfo.gov' A bank is not obligated to pay a check that is presented more than six months after its date of issue, but may do so if it wishes.(Commercial Code § 4404) There is no law that prohibits a check writer from postdating a check (giving it a date in the future).The Uniform Commercial Code states that a bank may honor a postdated check provided the check is otherwise safe to cash and the account owner has not provided the bank with "reasonable notice of the postdating.

This means that a tenant may legally postdate a check to you and that you may even be able to cash it when you receive it, but if the bank has been notified of the postdating you will have to wait until the date listed on the check instrument before you may receive the funds.As a landlord, collecting a check that has been postdated could be dangerous.



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In terms of the Texas penal code, a PD check constitutes a promise to pay the amount to the payee on a specific date.… continue reading »


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