Post dating checks illegal Webcam chay tooms
If the bank honors this and cashes out the check before the written date, they are in effect giving free money to the bearer of the check, since there is no money in the account (yet) to back up the transaction. 17, the person you give it to may wait to deposit it. The check is payable on presentation regardless of the date on it. A check is legally "the same as cash," which means that writing a check when you don't have the cash is not legally acceptable.
I'd like to add, if your bank is automated, the computer system ignores the date. It's like a voucher, or a poker chip..be exchanged for cash the moment it's presented.
Regardless of what the date on the check says, or what your good intentions were. If someone gives you a postdated check with the understanding to hold it till the date and it then bounces, you must suit to collect.
"Kiting" is illegal because it's like counterfeiting....creating and spending money you don't really have. *g*I'm not an attorney, but worked for many years in a financial institution. Under such a circumstance it is not a criminal matter, the check becomes a promissory note.
02 when it is really 17 Dec 02 so therefore you are posting the date after the said date.
I pre-date checks all the time and the bank won't cash them until the said date, but that is in TX.
In Missouri and/or Kansas, the date on a check is indeed to be the date it was written, and a post-dated check is not a valid document.
If there's a payment problem and it goes to court, the payee is out of luck.Which isn't to say that writing a check on Friday, knowing that it won't hit the bank til Monday, which is payday, isn't convenient and really handy.It just means that if some freak actually takes your check to your bank on Friday and tries to cash it, and you don't have the money, you've committed fraud.Laws about this sort of thing vary from state to state though I've never known of a state where it is legal.I can say with certainty that it is illegal in Pennsylvania, New York and Virginia. I thought to post-date something was to write the date as 15 Dec.The District Attorney will not prosecute for its payment.Tags: Adult Dating, affair dating, sex dating