stale check

A check that has been outstanding for an unreasonable time — more than six months under the UCC.

• Banks in jurisdictions adopting the UCC may choose not to honor such a check. UCC § 4-404. [Cases: Banks and Banking 137; Bills and Notes 404. C.J.S. Banks and Banking §§ 328, 330; Bills and Notes; Letters of Credit § 208.]

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词条贡献者

译者李科，毕业于世界顶级翻译学院，擅长翻译各种与国家安全审查相关的法律文件。