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#103918 - 08/06/03 07:13 PM Stale Dated Check
Jan94 Offline
Platinum Poster
Joined: Mar 2001
Posts: 828
USA
In a training session, a teller made a comment that in the state of Georgia there was no longer such a thing as a stale dated check. She could not elaborate and wondered if someone knows what she was talking about? Thank you.

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#103919 - 08/06/03 07:42 PM Re: Stale Dated Check
waldensouth Offline
Power Poster
waldensouth
Joined: Nov 2001
Posts: 7,984
FINALLY ABOVE the gnat line
see this section of OCGA for the law on stale dated checks.
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#103920 - 08/06/03 07:53 PM Re: Stale Dated Check
LoisLane Offline
Diamond Poster
LoisLane
Joined: Oct 2001
Posts: 1,570
Wisteria Lane..
That's strange. One of our tellers in Florida just made the same statement about stale dated checks. I wonder what the source of this confusion is?
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#103921 - 08/06/03 08:25 PM Re: Stale Dated Check
Jan94 Offline
Platinum Poster
Joined: Mar 2001
Posts: 828
USA
Here's our situation: in a training situation the tellers were told the default expiration date of a stop-payment is six months out, at which time the check is stale-dated. A teller in the class stated that 'there is no such thing as a stale-dated check in Georgia.' She said they cashed a check from 2000 just last week. She was from another affiliate bank. From reading what Louvera passed on, it appears the bank could have a "policy/procedure" in place to either accept or not accept stale dated checks. The trainer was speaking generally but perhaps that teller's bank did agree to cash them? Would that be a correct interpretation?

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#103922 - 08/06/03 08:27 PM Re: Stale Dated Check
waldensouth Offline
Power Poster
waldensouth
Joined: Nov 2001
Posts: 7,984
FINALLY ABOVE the gnat line
I believe the confusion comes from the verbiage of the law - no penalty for cashing a stale dated check. We're just not obligated to do so.
Last edited by Louvera; 08/06/03 08:29 PM.
_________________________
"Once you learn to read, you will be forever free."

- Frederick Douglass




My Opinion Only.

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