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#115817 - 09/19/03 04:13 PM Demand Drafts
Lestie G Offline

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Joined: May 2002
Posts: 3,608
Near the Land of Enchantment
I'm having some trouble researching this one - would appreciate any help!

We were told in a recent seminar that Texas UCC has special rules for demand drafts - such as time limits for presentment and return, etc.

Anyone know where I can find these rules on the net, or know what they say? Thanks!
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#115818 - 09/30/03 06:35 PM Re: Demand Drafts
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,350
Galveston, TX
Well, maybe this is what you are looking for? I couldn't find anything similar on any Texas cites, but Idaho passed a bill in 2002 that addressed demand drafts in the UCC. I think the Idaho UCC mimics Texas' in respect to demand drafts now. You can see the amendments made to Articles 3 and 4 and the rationale behind the changes. Hope this helps and is on point for what you were looking

Idaho Article 3 and 4 Amendments
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#115819 - 10/01/03 01:37 PM Re: Demand Drafts
Lestie G Offline

Power Poster
Joined: May 2002
Posts: 3,608
Near the Land of Enchantment
Thanks Randy! I appreciate your help.
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