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Stop Pay on Check Made Payable to Cash
by John Burnett, BOL Guru
Guru Bio
Question: Can a bank accept a stop payment request for a check payable to cash?
Answer: The bank is obliged to accept a stop payment order on a check payable to cash under the Uniform Commercial Code, assuming that the stop order reaches the bank in time for the bank to act upon it.
First published on BankersOnline.com 4/21/08
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