may be occasioned more by differences among the statutes involved, than by differences of opinion as to the legal principles applicable”).The translations below need to be checked and inserted above into the appropriate translation tables, removing any numbers.Unlike a normal check, a postdated check is not necessarily payable on demand.Since this kind of check is not payable on demand, most states refuse to cover postdated checks under bad check laws. that [the check-writer doesn’t have] sufficient funds on deposit . My mechanic dutifully waits until Monday to cash the check, but it still bounces. I tell him that I need to date the check with next Monday’s date, because my paycheck will be directly deposited into my bank account late on Friday, which will give me sufficient funds to cover the check.
In most instances this would mean you would have to: If you suffered losses because your bank cashed the check, despite you giving reasonable notice, then you should speak with an attorney to discuss your rights and remedies.
In terms of the Texas penal code, a PD check constitutes a promise to pay the amount to the payee on a specific date.
People usually write PD checks when insufficient funds are available to cover the check on the date on which the payee needs it.
If you choose to accept a postdated check, you run the risk that the person who wrote the check could close their account before you deposit the check, or that their account will not have sufficient funds when you deposit the check.
Unfortunately, you may have a difficult time demanding payment by the bank, or claiming that the writing of the bad check was done with the intent of committing fraud, since most states refuse to recognize postdated checks as check fraud.