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658 — Puerto Rico Law | CourtGPT
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  4. Title Nineteen - Negotiable Instruments (§§ 1-24 — 2409)/
  5. Subtitle 2 - Commercial Transactions/
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  7. Subchapter IV - Liability of Parties § 651 - Signature/
  8. 658
Puerto Rico Legal Code

658

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A check or other draft does not of itself operate as an assignment of funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until the drawee accepts it. History —Aug. 17, 1995, No. 208, § 2-408; Aug. 31, 1996, No. 176, § 2.