Other Free Encyclopedias :: Law Library - American Law and Legal Information :: Free Legal Encyclopedia - Ripeness to Tammany Hall
 

Stop Payment Order

Revocation of a check; a notice made by a depositor to his or her bank directing the bank to refuse payment on a specific check drawn by the depositor.

An individual who writes a check can revoke it unless it has been certified, accepted, or paid. If a bank pays a check after a timely stop payment order by the depositor, the bank is usually liable to the depositor for the amount paid.

A sample record of a stop payment request

School Desegregation - 1954–1970: School Desegregation After Brown, The 1970s: Swann And Busing, The Busing Debate [next] [back] Stop Order

User Comments Add a comment…