Checks Lost in the Collection Process

Authors

James J. White, University of Michigan Law SchoolFollow

Document Type

Conference Proceeding

Publication Date

1976

Abstract

Given the millions of checks that are transferred among banks every year, the opportunity for loss and misplacement of such checks is enormous and the liabilities associated with such loss can be significant. This section deals with the collecting bank's liability for the check's loss before it is delivered to payer bank. If the payer bank receives and then loses the check, it will be subject to a different set of liabilities; those liabilities will be discussed elsewhere in the program.

Recommended Citation

White, James J. "Checks Lost in the Collection Process." In Bank Defense of Negotiable Instrument Cases, 131-8. Philadelphia: ALI-ABA, 1976.