Series 99: 1.2.3.5.1 Handling Checks

1.2.3.5.1  Handling Checks

Because they are negotiable instruments, checks must have the following characteristics:

• • The promise or order to pay must be unconditional.
• • The payment must be a specific sum of money, although interest may be added to the sum.
• • The payment must be made on demand or at a definite time.