BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//Telerik Inc.//Sitefinity CMS 13.3//EN BEGIN:VTIMEZONE TZID:Central Standard Time BEGIN:STANDARD DTSTART:20231102T020000 RRULE:FREQ=YEARLY;BYDAY=1SU;BYHOUR=2;BYMINUTE=0;BYMONTH=11 TZNAME:Central Standard Time TZOFFSETFROM:-0500 TZOFFSETTO:-0600 END:STANDARD BEGIN:DAYLIGHT DTSTART:20230301T020000 RRULE:FREQ=YEARLY;BYDAY=2SU;BYHOUR=2;BYMINUTE=0;BYMONTH=3 TZNAME:Central Daylight Time TZOFFSETFROM:-0600 TZOFFSETTO:-0500 END:DAYLIGHT END:VTIMEZONE BEGIN:VEVENT DESCRIPTION:Although use is declining\, checks are still a source of risk f or every financial\ninstitution. Endorsements can be complicated and thorn y. Do you know how\nto handle transactions for minors\, deceased accountho lders\, businesses\,\npowers of attorney\, and trusts? This must-attend se ssion will give you more\nconfidence and provide a thorough understanding of endorsement legalities.\n\nLearning Objectives\n\n Which person is e ntitled to endorse the check?\n \n What is a valid endorsement?\n \n Bearer versus order checks\n \n Who holds the check and what is the holder in due course?\n \n Ambiguous endorsements\n \n Endorsements for minors\, deceased parties\, and business accounts\n \n Witnessed endorsements\n \n Check cashing issues for business ac counts\n \n Endorsements on income tax checks\n \n Trustee and power of attorney endorsements\n \n The simplest rule about checks that will save your institution thousands of dollars\n \n The connec tions between checks and account agreements (if you have not signed\n t he signature card\, you cannot get the money)\n \n Postdated\, stale -dated\, erasures\, alterations\, and more lessons about checks\n \n Why you need to know about the negligence rule and the account statement rule\n \n Should we check endorsements and send them back as "missin g"?\n \n Treasury checks\, postal money orders\, and other special c hecks\n Why we absolutely do not give cash back\, cash\, or deposit che cks made payable to\n a business into a personal account\n \n\nUnder standing endorsements and proper check handling are crucial to making soun d\ncheck-cashing decisions. A check is a unique type of contract where own ership can be\ntransferred by the endorsement on the back. This webinar wi ll explain who has the right\nto endorse the back of a check and proper en dorsement placement. You&rsquo\;ll learn what\nhappens if a check is not e ndorsed properly\; when it&rsquo\;s best not to accept the check at all\nd ue to missing or problem endorsements\; why business checks are not put in to personal\nRegister Here\naccounts\; and why cash is not given on busine ss accounts. Many tricky issues will be\naddressed\, including deceased ac countholders\, business accounts\, endorsements for\nminors\, income tax c heck endorsements\, trustee endorsements\, and endorsements by\npowers of attorney. Learn how to safely handle checks and ensure that you and your\n financial institution will be protected from loss on negotiable instrument s. \; DTEND:20210714T203000Z DTSTAMP:20240329T145022Z DTSTART:20210714T190000Z LOCATION: SEQUENCE:0 SUMMARY:Legal Issues of Checks UID:RFCALITEM638473026229169586 X-ALT-DESC;FMTTYPE=text/html:
Although use is declining\, checks are stil l a source of risk for every financial\ninstitution. Endorsements can be c omplicated and thorny. Do you know how\nto handle transactions for minors\ , deceased accountholders\, businesses\,\npowers of attorney\, and trusts? This must-attend session will give you more\nconfidence and provide a tho rough understanding of endorsement legalities.\n
\nLearning Objectiv es
\nUnderstanding endorsements and proper check handling are crucial to making sound\ncheck-cashing decisions . A check is a unique type of contract where ownership can be\ntransferred by the endorsement on the back. This webinar will explain who has the rig ht\nto endorse the back of a check and proper endorsement placement. You&r squo\;ll learn what\nhappens if a check is not endorsed properly\; when it &rsquo\;s best not to accept the check at all\ndue to missing or problem e ndorsements\; why business checks are not put into personal\nRegister Here \naccounts\; and why cash is not given on business accounts. Many tricky i ssues will be\naddressed\, including deceased accountholders\, business ac counts\, endorsements for\nminors\, income tax check endorsements\, truste e endorsements\, and endorsements by\npowers of attorney. Learn how to saf ely handle checks and ensure that you and your\nfinancial institution will be protected from loss on negotiable instruments. \;
END:VEVENT END:VCALENDAR