Originally posted by: FFMCobalt
Originally posted by: Insane3D
Ummm...I disagree. If the check is CLEARLY labeled that it is valid only for a certain period of time, it's no longer valid past that time frame. You never got a company paycheck? All the ones I've seen in my life have something similar. It's to keep people from keeping the check uncashed for long periods of time.
You have really never seen a check with a expiration date on it? We aren't talking personal checks you know. I mean even my IRS checks have that on them too.
I read a story about a guy who got a "fake" check for a sh|tload of money and ended up cashing it because it was legal, even though it had lots of things on it saying it wasn't real. The book the guy used to verify the check's validity is in my city's library. It was posted here on AT, but I don't remember how long ago. It was fairly recent. You should do your homework.
🙂
Was such an awesome story.
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Rebate checks are the same way. Valid for 90 days.
The story is from the early-mid 90s. Either, A) banking law has changed since then, or B) the time limit deal is already dealt with within the law.
You are correct that writing VOID does not void a check, if it has all of the prerequisites.. but a time limit has nothing to do with his story, so he didn't research it. He only wanted to make sure that his "fake" check was legally valid, and it was, because it had all of the prerequisites, dispite the VOID.
As the story says, you could write a check on a napkin and as long as it has all the prerequisites, it is legal.
🙂
Since most, if not all, commercial checks have the time limit.. I'm going to assume that there are laws dealing with it. As Insane says, even the IRS's refund checks have it.
I've never heard of a VOIDed check fee before, I don't think my bank has such a thing. I don't think you did any harm by trying, and you may fall through the cracks, like the guy that tried(and succeeded!) to cash the $95,000 junk mail check.
Although, he did end up giving the money back.. lol
