Froogle | Glossary | 'Bad Check'

a check that is dishonored on presentation because of:

(a) nonsufficient funds (NSF);

(b) unavailable funds; or

(c) a closed bank account.

Issuing a bad check is a form of larceny (ie, theft); and can be [criminally] punished – as a misdemeanor. In some jurisdictions, though, issuing a bad check becomes a more serious offense if the amount [of the check] is substantial. An affirmative defense is usually provided if the maker of the check – upon notice of dishonor – promptly satisfies the payee.

see also check kiting.

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Froogle 1.1.1.7

BAD CHECK

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