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United States — Louisiana Act or statute

United States — Louisiana legislation

RS 10:3-505

A protest for dishonor must identify the instrument and certify presentment (or why it was not made) and dishonor by nonacceptance or nonpayment.

banking instrumentspayment dishonor
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United States — Louisiana
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“A protest for dishonor must identify the instrument and certify presentment (or why it was not made) and dishonor by nonacceptance or nonpayment.”

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RS 10:3-505

A protest for dishonor must identify the instrument and certify presentment (or why it was not made) and dishonor by nonacceptance or nonpayment.

Section 10:3-505

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§ 10:3-505RS 10:3-505Provision

A protest for dishonor must identify the instrument and certify presentment (or why it was not made) and dishonor by nonacceptance or nonpayment.

§3-505. Evidence of dishonor (a) The following are admissible as evidence and create a presumption of dishonor and of any notice of dishonor stated: (1) a document regular in form as provided in Subsection (b) which purports to be a protest; (2) a purported stamp or writing of the drawee, payor bank, or presenting bank on or accompanying the instrument stating that acceptance or payment has been refused unless reasons for the refusal are stated and the reasons are not consistent with dishonor; (3) a book or record of the drawee, payor bank, or collecting bank, kept in the usual course of business which shows dishonor, even if there is no evidence of who made the entry. (b) A "protest" is a certificate of dishonor made by a United States consul or vice consul, or a notary public or other person authorized to administer oaths by the law of the place where dishonor occurs. It may be made upon information satisfactory to that person. The protest must identify the instrument and certify either that presentment has been made or, if not made, the reason why it was not made, and that the instrument has been dishonored by nonacceptance or nonpayment. The protest may also certify that notice of dishonor has been given to some or all parties. Acts 1992, No. 1133, §3, eff. July 1, 1993; Acts 1993, No. 948, §10, eff. Jan. 1, 1994.
Section 10:3-505Verify source

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