Travelers check definition

Travelers check means an instrument for the payment of money or a foreign currency instrument in any denomination that provides for both of the following:
Travelers check means an instru- ment for the payment of money that—
Travelers check means a payment instrument for the payment of money that contains a provision for a specimen signature of the purchaser to be completed at the time of a purchase of the instrument and a provision for a countersignature of the purchaser to be completed at the time of negotiation.

Examples of Travelers check in a sentence

  • Traveler's check" means an instrument identified as a traveler's check on its face or commonly recognized as a traveler's check and issued in a money multiple of United States or foreign currency with a provision for a specimen signature of the purchaser to be completed at the time of purchase and a countersignature of the purchaser to be completed at the time of negotiation.6-1202.

  • The term does not include a tangible object the value of which is redeemable in the issuer's goods and services.(j) "Travelers check" means an instrument for the payment of money or a foreign currency instrument in any denomination that provides for both of the following:( i) A specimen signature of the purchaser to be completed at the time of purchase of the instrument.

  • Traveler's check, money order or similar instrument The administrator may take custody of sums payable on a traveler's check, money order or similar instrument presumed abandoned to the extent permissible under 12 United States Code, Sections 2501 to 2503, as amended.

  • Traveler's check" means an instrument that (i) is payable on demand, (ii) is drawn on or payable at or through a bank, (iii) is designated by the term "traveler's check" or by a substantially similar term, and (iv) requires, as a condition to payment, a countersignature by a person whose specimen signature appears on the instrument.

  • Traveler's check, money order or similar instrumentThe administrator may take custody of sums payable on a traveler's check, money order or similar instrument presumed abandoned to the extent permissible under 12 United States Code, Sections 2501 to 2503, as amended.


More Definitions of Travelers check

Travelers check means an instrument that is payable on demand, is drawn on or payable at or through a bank, is designated by the term “traveler’s check” or by a substantially similar term, and requires, as a condition to payment, a countersignature by a person whose specimen signature appears on the instrument.
Travelers check means a payment instrument for the payment
Travelers check means an instrument identified as a traveler’s check on its face or commonly recognized as a traveler’s check and issued in a money multiple of United States or foreign currency with a provision for a specimen signature of the purchaser to be completed at the time of purchase and a countersignature of the purchaser to be completed at the time of negotiation.
Travelers check means an instrument identified as a traveler’s check on its face or commonly recognized as a traveler’s check and issued in a money multiple of United States or foreign currency with a provision for a specimen signature of the purchaser to be completedat the time of purchase and a countersignature of the purchaser to be completed at the time of negotiation.
Travelers check means a payment instrument for the payment of money that contains a
Travelers check means an instru- ment that:
Travelers check means an instrument identified as a traveler's check on its face or commonly recognized as a traveler's check and issued in a money multiple of United States or foreign currency with a provision for a specimen signature of the purchaser to be completed at the time of purchase and a countersignature of the purchaser to be completed at the time of negotiation. 96 Acts, ch 1133, §34; 98 Acts, ch 1074, §30 Footnotes *This chapter does not include licensing provisions