As used in this section, the term "debit instrument" means a card, code, or other device, other than a check, draft, or similar paper instrument, by the use of which a person may initiate an electronic fund transfer.
Such a bill of lading may be negotiated in much the same way as a check, draft, or other negotiable instrument, which means that a bona fide purchaser of the bill of lading takes it free and clear of any defects not appearing on its face.
SM led the London study site, provided clinical oversight for the study, provided guidance on writing up the research and checked drafts of the manuscript.
You're put on different jobs, checking draft accounts, setting up working papers for an audit, getting explanations from clients and testing financial statements.
For each segment added to the map, we made one to three trips to the field to refine MUs and check draft map accuracy.
On Tuesday, Park offered the country a brief apology, but insisted Choi's influence had not extended beyond checking drafts of her speeches soon after she entered the presidential Blue House in early 2013.
ML led the North of England study site and contributed to analysis and checking drafts of the manuscript.
So as a good reference check, draft the arrangement in plain English not legalese.
"A check or other draft does not of itself operate as an assignment of any funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until he accepts it". Admittedly, such behavior might create a cause of action for the debtor-drawer, see U.C.C. § 4-402, 2B U.L.A. 59 (1991), but the recipient would not have any claim against the bank.
The board must approve all individuals who are authorized to sign all notes of this credit union and all checks, drafts and other orders for disbursement of credit union funds.
The National Casino Industry Forum (NCIF) confirmed it donated £8,000 to the IEA having fact-checked a draft of the report.
