Under the most recent version of the UCC,banks are liable for any damages caused by paying any postdated check prior to its date.

Question

Quizplus · Accepted Answer

Under the most recent version of the UCC, banks can pay postdated checks before the date without incurring liability unless they have been notified in writing about the postdating by the customer. Therefore, banks are not automatically liable for paying postdated checks before their date.

Under the Most Recent Version of the UCC,banks Are Liable