Series 99: 1.2.3.5.1 Handling Checks

Taken from our Series 99 Top-off Online Guide

1.2.3.5.1 Handling Checks

Because they are negotiable instruments, checks must have the following characteristics:

• The promise or order to pay must be unconditional.
• The payment must be a specific sum of money, although interest may be added to the sum.
• The payment must be made on demand or at a definite time.

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