In any economic environment, it is critical for financial institutions to ensure that they are not left “holding the bag” when payment of a large check goes wrong. Brady on Bank Checks, the leading publication on bank checks, provides easy-to-use information to help you ensure that all your transactions involving bank checks and commercial paper are handled properly under current case law and in compliance with applicable laws and regulations. It specifically addresses financial institution liability in the area of checks.

Brady on Bank Checks provides comprehensive commentary and guidance to bankers and practitioners concerned with the complexities of bank checks, and Articles 3, 4, 4A, and Revised Article 3 under the Uniform Commercial Code. This authoritative treatise addresses the many laws affecting checks and commercial paper, including the issue, transfer, collection, and payment of checks; the return of unpaid checks; electronic funds; and forgeries and alterations.

The legal analysis is supported with numerous citations to the most recent and relevant statutes, regulations, and cases—resulting in an incomparable resource for all your practical questions or legal research involving bank checks. Brady on Bank Checks covers all areas related to checks and commercial paper:

• Compliance with applicable provisions of Regulation E
• General characteristics of checks
• Check problems prior to collection or payment
• Deposit and collection of checks
• Unauthorized deposits
• Payment of checks
• Nonpayment of checks
• Wrongful dishonor and the return of unpaid checks
• Stop payments
• Embezzlement and fraud resulting from check alteration and forgery
• Conflict of laws involving checks in interstate or international transactions
• Compliance with Regulation CC

In addition, Brady on Bank Checks covers a broad range of developments that affect financial institution liability:

• Collection and payment of checks: includes coverage of UCC-related provisions and the Federal Expedited Funds Availabilty Act/Regulation CC, and the Check 21 Act as related to financial institution liability in the collection process.
• Nonpayment, return, and chargeback of checks: provides coverage of UCC-related provisions and the Federal Expedited Funds Availability Act/Regulation CC involving dishonor, return, and chargeback of checks, and stop payment orders as related to financial institution liability in the process.
• Alteration and forgery of checks: includes coverage of UCC-related provisions that allocate liability among financial institutions for loss resulting from alteration of checks, forgery of checks, forgery of indorsements on checks, and other forms of check fraud.
• Funds transfers: includes coverage of UCC Article 4A, which governs so-called "wholesale wire transfers" of funds as related to financial institution liability when involved with a UCC Article 4A funds transfer.
• Amendment of Regulation E. Regulation E has been amended by the Board of Governors of the Federal Reserve System to regulate overdraft service charges by a bank when the overdraft occurs by a consumer in an electronic funds transfer governed by the Electronic Fund Transfer Act.

To keep up-to-date with all the changes in law that affect bank checks and commercial paper, order Brady on Bank Checks today.

Table of Cases Highlights of Our Latest Update Index Preface Table of Contents UCC Citations
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