Thread Starter: John Burnett
Title: Re: Check issued to joint tenants
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Regardless of what you were told (or by whom), the Uniform Commercial Code (UCC) is the law on this issue, and when there is more than one payee listed on the check and those names are connected by the word "and" or the ampersand (&) symbol, both (or all) payees must indorsed the check to negotiate it.
I agree that is a nuisance given the piddling amount of the checks, but there's no "de minimis" exception from that provision of Article 3, section 3-110(d) if the Uniform Commercial Code.
If you and your wife have a joint deposit account, your bank or credit union could accept these little checks for deposit to the joint account without any indorsement under another provision of the UCC. Whether the bank or credit union will accept them without indorsement is, however, a policy decision for the bank or credit union.
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