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  1. Florida Statutes 674.403 – Customer’s right to stop payment; burden of proof of loss. Current as of: 2024 | Check for updates | Other versions. Ask a business law question, get an answer ASAP! Thousands of highly rated, verified business lawyers. Click here to chat with a lawyer about your rights.

    • Part IV

      Terms Used In Florida Statutes > Chapter 674 > Part IV -...

    • Article 4

      Customer’s right to stop payment. Burden of proof of loss §...

    • New York Laws

      issuer of a cashier's check, or the drawer of a teller's...

  2. 13 Δεκ 2021 · Stopping payment on a check is typically possible at any time prior to the check being cashed. Once the check has been cashed by its recipient, the individual will not be able to make a stop payment with their bank.

  3. (3) The bank may be liable to its customer for the actual loss incurred by the customer resulting from the wrongful payment of an item contrary to a valid and binding stop-payment order or order to close an account.

  4. Definition of Stopping Payment on a Check. Under Section 832.041, Florida Statutes, stopping payment on a check, draft, or other written payment order can be charged as a criminal offense if the check was issued and payment was stopped with the intent to defraud the other party to the transaction.

  5. The 2024 Florida Statutes. 832.041 Stopping payment with intent to defraud.—. (1) Whoever, with intent to defraud any person shall, in person or by agent, make, draw, utter, deliver, or give any check, draft, or written order for the payment of money upon any bank, person, or corporation and secure from such person goods or services for or on ...

  6. 674.403 Customer’s right to stop payment; burden of proof of loss.—. (1) A customer or any person authorized to draw on the account if there is more than one person may stop payment of any item drawn on the customer’s account or close the account by a written order to the bank describing the item or account with certainty received by an ...

  7. If the signature of more than one person is required to draw on an account, any of these persons may stop payment or close the account.

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