POSTDATED AND STALEDATED Sample Clauses

POSTDATED AND STALEDATED. DRAFTS — You agree not to issue any check or draft that is postdated. If you do issue a check or draft that is payable on a future date and we pay it before that date, you agree that we shall have no liability to you for such payment. You agree not to deposit checks, drafts, or other items before they are properly payable. We are not obligated to pay any check or draft drawn on your account that is presented more than six (6) months past its date.
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POSTDATED AND STALEDATED. DRAFTS - You agree not to draw or issue any draft that is postdated. If you do draw or issue a draft that is payable on a future date, we shall have no liability if we pay it before its payment date. You agree not to deposit drafts, checks, or other items before they are properly payable. We are under no obligation to pay a draft/check drawn on your account that is presented more than six (6) months after the date it was written. If, however, the draft/check is paid, the Credit Union shall have no liability for such payment.
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POSTDATED AND STALEDATED. Items You understand that postdating a check will have no effect on whether or not it is honored prior to or after the date of any such check. A staledated check is a check received by us that is dated six (6) months or more prior to the date of receipt. We may pay or refuse to pay any postdated or staledated check or other item presented for payment on your account without any liability.
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Related to POSTDATED AND STALEDATED

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