GoFuckYourself.com - Adult Webmaster Forum - View Single Post - can a bank impose a service charge on stop payment orders?

Probono · 05-26-2005, 06:47 PM

Yes, more significant is that a stop payment has limited value. I learned the hard way about something called holder in due course under the UCC. If the payee takes the check to a check cashing place and they accept the check you will need to pay it regardless of a stop payment unless the person who cashes the check commits fraud or forgery regard the act of cashing the check.

05-26-2005, 06:47 PM
Probono Confirmed User Join Date: Oct 2002 Location: Under the Rainbow Posts: 2,731	Yes, more significant is that a stop payment has limited value. I learned the hard way about something called holder in due course under the UCC. If the payee takes the check to a check cashing place and they accept the check you will need to pay it regardless of a stop payment unless the person who cashes the check commits fraud or forgery regard the act of cashing the check.