For example, if the customer verbally informs the bank on May 1 that the customer has written a check with the date June 1, the bank will not be liable if it pays the check on May 15.If a bank does pay a postdated check before the check’s date even though it has received proper notice from the customer, the bank is liable to the customer for any loss resulting from the bank prematurely paying the check. §§ 11-4-401, 11-4-403) West Virginia law contains several prohibitions addressing early payment of postdated checks.
In order to instruct the bank not to issue the funds early, both state and federal banking laws require that you give the bank “reasonable notice of the postdating.” Federal lawdoes not provide a minimum time period within which you notify the bank.Anyone 14 or older who profanely curses, damns or swears by the name of God, Jesus Christ or the Holy Ghost, shall be fined one to three dollars for each offense, with a maximum fine of ten dollars per day. Get your fill of botched burglaries, ridiculous robberies, and hilarious heists several times each week. "Wearing of this garment does not enable you to fly." Warnings are all around us, but some things shouldn't need to be said! In other words, a customer who has properly notified the bank of the postdated check can sue the bank for cashing the customer’s postdated check before the postdate if the bank’s action causes the customer loss, such as causing other checks to bounce. The West Virginia Code prohibits a person from requesting or accepting a postdated check while intending to deposit or cash it before the date written on the check.This article was written by Attorney Mary Beth Guard, Editor of Bankers ( Guard was formerly general counsel for the Oklahom Banking Department, general counsel and EVP for the Oklahoma Bankers Association, and EVP of Specialized Services for Thomson Financial Publishing. We have catalogued hundreds of haunted houses across the United States and throughout the world.