Is postdating a check illegal in florida disable itunes stop updating podcasts

Rated 4.38/5 based on 776 customer reviews

For some reason the remainder of your question was cut off. does the check 21 law allow a post dated check be converted into an accounts receivable conversion and electronically debited from a person checking account for up to 90 days in the state of florida (as long as there is a signed agreement and checks and dates to debit out are clearly defined)?To answer the last part of your question, I am not aware of any law that allows for a post dated check for up to 90 days. Additionally, if you admit to accepting a post dated check, you cannot allege fraud because you were aware that there we insufficient funds when you accepted the check and if you accept a check with a date longer than 30 days out, then the person who wrote the check could say as a defense that you failed to deposit the check in a timely fashion. That law applies to a bank's right to make an electronic conversion of your paper check and take the funds out of the account upon receipt of the check regardless of the date on the check.You provided notice, there is a signed agreement, and there are specific dates when the checks will be cashed.The two important things to remember from a legal standpoint are that you have a right to cash the check when you receive it regardless of the date and the bank has the right to cash the check when it is deposited regardless of the date.State and federal laws cover the cashing and depositing of postdated checks, and laws vary from state to state.

Your request should include the recipient's name, your account and check numbers, and the check's amount.

You postdate a check by writing a future date on it.

People typically do this when they want to give a check to someone but aren't certain they'll have enough money in their account until a certain date to cover it.

However, you could agree to enter into a signed agreement to cash the check at an agreed to time.

Therefore, it appears that the signed agreement that you mentioned (as long as all the terms are clearly spelled out), although it could be risky (if there are insufficient funds), would be legal.

Leave a Reply