Thread Starter: John Burnett
Title: Re: Depositing check into deceased customer's account
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You are definitely no dodo, doedoe. UCC 4-205 would probably not be the best on which to rely.
There will be checks payable to the decedent that could be a problem if deposited after the date of death. Examples are annuity payments and certain Treasury payments. There will also be checks that a bank could safely accept for deposit to the decedent's (formerly individually-held) account since they represent funds due the estate.
As a practical matter, endorsements are concerns when there are problems or claims after the fact. When there aren't any other claims to the funds, whether or not there's an endorsement isn't usually a concern. I don't say this to advocate chaos; I'm just pointing out that there are "gray areas" where things just get done in the name of expediency. There's no rule saying it's OK to do it that way, but it often falls into the "no harm, no foul" zone.
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