Final judgment required before liability asserted.

Checkout our iOS App for a better way to browser and research.

21-57-2. Final judgment required before liability asserted.

No holder or assignee for collection may assert that any maker, drawer, or issuer has any liability pursuant to §21-57-1 unless such liability has been determined by entry of a final judgment by a court of competent jurisdiction.

Source: SL 1999, ch 112, §2.


Download our app to see the most-to-date content.