673.4101
Acceptance varying draft.
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673.4101 Acceptance varying draft.—
(1) If the terms of a drawee’s acceptance vary from the terms of the draft as presented, the holder may refuse the acceptance and treat the draft as dishonored. In that case, the drawee may cancel the acceptance.
(2) The terms of a draft are not varied by an acceptance to pay at a particular bank or place in the United States, unless the acceptance states that the draft is to be paid only at that bank or place.
(3) If the holder assents to an acceptance varying the terms of a draft, the obligation of each drawer and indorser who does not expressly assent to the acceptance is discharged.
History.—s. 2, ch. 92-82.
Notes of Decisions
Cited in 1
case, 2015–2015 · leading case: Braham v. Branch Banking & Trust Co.
Braham v. Branch Banking & Trust Co. (2015)
“” See § 673.4101, Fla. Stat. (2012). If the holder of the check disagrees with the varied terms, the holder’s alternative to acquiescence is to treat the conditional acceptance as “dishonored,” in which case the drawee bank has the right to revoke its acceptance, absolving it of…”
— 673.4101(3) — 1 case
Braham v. Branch Banking & Trust Co. (2015)
“” See § 673.4101, Fla. Stat. (2012). If the holder of the check disagrees with the varied terms, the holder’s alternative to acquiescence is to treat the conditional acceptance as “dishonored,” in which case the drawee bank has the right to revoke its acceptance, absolving it of…”
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