Skip to content
GeoDataVision
Thread Options
#2158887 - 01/02/18 05:03 PM Stop Payment
Tessie Offline
100 Club
Joined: Jan 2006
Posts: 155
On our stop payment forms there is a place that says - VERBAL STOP PAYMEBNT ORDER REQUEST ACCEPTED ON ___________ BY ______________________________

If we have someone call in, and give a verbal request to do a stop payment, do they have to still come in and sign the form?

Return to Top
Deposits and Payments
#2158890 - 01/02/18 05:10 PM Re: Stop Payment Tessie
Elwood P. Dowd Offline
10K Club
Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
Next to Harvey
Look at your state's version of the UCC. If it provides for verbal stop payments, it will generally say that, unless it is confirmed in writing, verbal stop payments are only good for XX days. After that, the check is properly payable.

You can change that by contract...
_________________________
In this world you must be oh so smart or oh so pleasant. Well, for years I was smart. I recommend pleasant.

Return to Top

Moderator:  John Burnett