Business Customers Using Bank Withdrawal Slips

Posted By: slycomply

Business Customers Using Bank Withdrawal Slips - 07/14/17 03:57 PM

I was under the impression that when a business withdraws cash from their account, they are to complete a check and not use one of the bank's withdrawal tickets. Only personal account use withdraw tickets. I thought this was a UCC issue related to business accounts. Am I correct? Thanks in advance for your help!
Posted By: rlcarey

Re: Business Customers Using Bank Withdrawal Slips - 07/14/17 04:01 PM

State law issue.
Posted By: slycomply

Re: Business Customers Using Bank Withdrawal Slips - 07/14/17 05:14 PM

We are in Texas and I've been reading the Statutes from the Texas Finance Code and have not seen anything. Am I not looking in the correct statutes/