Obligation of issuer of note or cashier’s check

Wis. Stat. § 403.412
in effect
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The issuer of a note or cashier’s check or other draft drawn on the drawer is obliged to pay the instrument according to its terms at the time that it was issued or, if not issued, at the time that it first came into possession of a holder or, if the issuer signed an incomplete instrument, according to its terms when completed, to the extent stated in ss. 403.115 and 403.407. The obligation is owed to a person entitled to enforce the instrument or to an endorser who paid the instrument under s. 403.415.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/403.412Fetched: 10/7/2026
Wis. Stat. § 403.412 — Obligation of issuer of note or cashier’s check | Wisconsin Statutes (updated through 2025 Wis. Act 247) | Corpus