One Click Case Law for § 11-3-408
O.C.G.A. § 11-3-407 <-- --> O.C.G.A. §11-3-409

2010 Georgia Code

TITLE 11 - COMMERCIAL CODE
ARTICLE 3 - NEGOTIABLE INSTRUMENTS
PART 4 - LIABILITY OF PARTIES
§ 11-3-408 - Drawee not liable on unaccepted draft

O.C.G.A. 11-3-408 (2010)
11-3-408. Drawee not liable on unaccepted draft


A check or other draft does not of itself operate as an assignment of funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until the drawee accepts it.