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BankersOnline.com Forums State-Specific Compliance Issues California Stop Payments
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#141610 - 12/19/03 05:30 PM Stop Payments
Anonymous
Unregistered

HELP!! I need guidance on whether or not we can accept oral stop payments without the customers signature. UCC section 4403 states if oral only good for 14 days. However section 4103 states we can amend as long as we disclose.

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#141611 - 12/19/03 06:05 PM Re: Stop Payments
Al Miller Offline
Diamond Poster
Al Miller
Joined: Oct 2000
Posts: 2,416
Pleasanton CA USA
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Al Miller, CRCM
Opinions expressed are my own and not necessarily shared by my employer.

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