Postdated and Staledated Items. You agree not to negotiate or deposit any check, draft, or other item before the date it is properly payable (postdated) or that is over six (6) months old (staledated). The Credit Union is under no obligation to honor a draft or check, or pay any item, that is postdated or staledated. However, the Credit Union may accept and pay any check, even if the check is postdated or staledated. In order to prevent payment of such items, you must place a stop payment.
Appears in 4 contracts
Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement
