Section 13A-9-13.2 Negotiating Worthless Negotiable Instrument - Notice of Refusal of Payment Upon Instrument. — United States — Alabama law | Esheria

Section 13A-9-13.2 Negotiating Worthless Negotiable Instrument - Notice of Refusal of Payment Upon Instrument.

A dishonored instrument notice sent by certified or registered mail to the listed or provided address counts as sufficient notice. The notice gives the recipient 10 days to pay the full amount plus any allowed service charge. If payment is not made, the holder may treat the instrument as fraudulent and may send the ins

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Jurisdiction
United States — Alabama
Instrument
Notice
Version
Undated source snapshot
Language
en
Official source
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dishonored instruments liability immunity notice requirements

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Statute overview

About this statute

A dishonored instrument notice sent by certified or registered mail to the listed or provided address counts as sufficient notice. The notice gives the recipient 10 days to pay the full amount plus any allowed service charge. If payment is not made, the holder may treat the instrument as fraudulent and may send the instrument and related information to proper authorities. A party giving substantially similar notice is immune from civil or criminal liability for that notice process.