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Page 395
... dishonored if the payor bank makes timely return of the check or sends timely notice of dishonor or nonpayment under R.S. 10 : 4-301 or 10 : 4-302 , or becomes accountable for the amount of the check under R.S. 10 : 4–302 . ( 2 ) If a ...
... dishonored if the payor bank makes timely return of the check or sends timely notice of dishonor or nonpayment under R.S. 10 : 4-301 or 10 : 4-302 , or becomes accountable for the amount of the check under R.S. 10 : 4–302 . ( 2 ) If a ...
Page 396
... dishonored ( Section 3-502 ) and what it means to give notice of dishonor ( Section 3-503 ) . Often dishonor does not occur until presentment ( Section 3-501 ) , and fre- quently presentment and notice of dishon- or are excused ...
... dishonored ( Section 3-502 ) and what it means to give notice of dishonor ( Section 3-503 ) . Often dishonor does not occur until presentment ( Section 3-501 ) , and fre- quently presentment and notice of dishon- or are excused ...
Page 406
... dishonor . Ferguson v . Courtin , App.1936 , 170 So. 795 . Petition must affirmatively allege that notice of dishonor was timely given to accommodation indorsers of note , in order to disclose cause of action against indorsers . Winn v ...
... dishonor . Ferguson v . Courtin , App.1936 , 170 So. 795 . Petition must affirmatively allege that notice of dishonor was timely given to accommodation indorsers of note , in order to disclose cause of action against indorsers . Winn v ...
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Common terms and phrases
acceptance acceptor accommodation party action agreement alleged American Law Reports amount Article Bank & Trust Bank of Louisiana Bills and Notes blank burden of proof cashier's check certificate claim comaker Commercial Laws consist of R.S. corporation Credit creditor debt defense demand demand note deposit depositary bank discharge draft drawee drawee bank drawer due course Edition or ULA effective failure of consideration forged form Commercial Code former Section fraud Historical and Statutory holder in due indorser instru La.Ann La.App liability Louisiana maker Master Edition maturity mortgage note negotiable instrument notary notes preceding R.S. notice of dishonor notice of protest obligation Orleans paid payee payee's payment person plaintiff Presumptions and burden Prior Laws promise promissory note purchase recover repealed seller signature signed Statutory Notes subject matter Subsection Table 1 preceding thereof tion transfer Uniform Commercial Code warranty Westlaw Electronic Research writ denied