0
Is it illegal to write a post dated check to an auto mechanic in Texas?
Wiki User
∙ 12y ago
Section 4-401 of the Uniform Commercial Code provides that it is perfectly legal to write a post dated check, though many banks tend to lie and say that it is illegal so they can get out of admitting they made a mistake by accepting it, at the same time banks, car companies, finance companys, etc require postdated checks as security on loans so this is more proof that they are blatant liars when they tell you its illegal, but i would say its not worth trusting the company with waiting to cash the check until the date it says, in most cases people will cash them before the date on the check and unless you tell the bank in advance that you wrote a post dated check by giving them the check number, who you wrote it to and what date it should be paid there is no recourse to recover any overdraft fees.
it always has been and always will be that the banks make the laws to benefit them so its as unfair as possible for the average joe, and this is why we need to end the fed!!!
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Is a post dated check illegal in Florida?
I worked in banking for years, and never heard of post dated checks being illegal.
Is it illegal to postdate a check?
It is not illegal to post date a check. Though it is illegal in some states to request someone to write you a (or many) post dated checks to guarantee payment. The check is not legal tender until the date on the check.
Which of the following types of taxes is not levied by Texas state government?
post dated check
Are post dated checks followed by banking prodecures?
I cant share about every bank but i know that is a post dated check is presented at the bank i work at we will not honor it. That said, if a post dated check is dropped in the night deposit or ATM machine we really have no choice but to process it. It is technically illegal to write a post dated check.
Is it illegal in Houston Texas if a couple that is 7 years apart in age dated?
Assuming both individuals are above the age of consent (which in Texas is 17), it is perfectly legal.
Is it legal to write a post dated check in Pennsylvania?
Yes, it is legal to write a post-dated check in Pennsylvania. However, banks are not obligated to honor post-dated checks, so there is a risk that the check could be deposited before the date written on it. It is recommended to communicate with the payee about the date the check should be deposited.
Can you cash your check for January 3rd today the 31st?
No, a check dated in the future is a post dated check. Banks won't knowingly cash a post dated check.
What is the law on Post dated checks in Texas?
Post-dated checks are generally legal and can be written in Texas. However, banks are not obligated to honor post-dated checks and may cash them before the specified date. It is recommended to communicate with the recipient of the check to ensure it is not cashed before the intended date.
Are post dated checks illegal in Canada?
According to Financial Consumer Agency of Canada, No. They aren't. If you write a post-dated check, under the clearing rules of the Canadian Payments Association (CPA) your check should not be cashed before the date that is written on it. Most people tend to make out post dated check because they do not have enough money in their account at the time the check is made out. . Therefore although it is possible to cash in a check before the due date, there is a good chance that it will bounce in which case it is not good for the payee. Also the payer might be charged a fine in which case he or she might not be happy.
Can you write a post-dated check?
Yes. You can write a post dated check. It is perfectly legal as long as the person to whom you gave the check doesnt submit it for cashing before the date you put on the check.
Can you be arrested for fraud in Illinois for a post dated check for a payday loan if the account is now closed?
That certainly sounds like fraudulent intent to me. You wrote a post-dated check, which is a promise to pay. Then you cancelled the account, and you had to know that this meant that the check which you wrote would never be good. Yup; that's fraud, and almost any judge in the world - who was NOT from Illinois - would agree. Illinois judges can sometimes be persuaded that the illegal is actually legal, or that the legal is really illegal. THat's why most Illinois governors for the past half century have gone to prison from the statehouse.
What does a post dated check mean?
Postdating is to put a date on the check for some time in the future, not the current date. Technically a check is a contract, so if a person took a check into the bank and it was dated for tomorrow, they could not cash it.
