How long does a business have to deposit a check received for payment of goods or services?

Asked on November 7, 2014 under Business Law, Nebraska

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 6 years ago | Contributor

There is no hard and fast rule in the law; the check may be deposited at any time, so long as it is still valid. Generally, that is within a year of the check's date, though if the check specifically says that it's not valid after a certain amount of time, that time period will control.


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