Fla. Stat. 673.4111
Refusal to pay cashier’s checks, teller’s checks, and certified checks

(1)

In this section, the term “obligated bank” means:The acceptor of a certified check; orThe issuer of a cashier’s check or teller’s check bought from the issuer.

(a)

The acceptor of a certified check; or

(b)

The issuer of a cashier’s check or teller’s check bought from the issuer.

(2)

If the obligated bank wrongfully refuses to pay a cashier’s check or certified check, wrongfully stops payment of a teller’s check, or wrongfully refuses to pay a dishonored teller’s check, the person asserting the right to enforce the check is entitled to compensation for expenses and loss of interest resulting from the nonpayment and may recover consequential damages if the obligated bank refuses to pay after receiving notice of particular circumstances giving rise to the damages.

(3)

Expenses or consequential damages under subsection (2) are not recoverable if the refusal of the obligated bank to pay occurs because:The bank suspends payments;The obligated bank asserts a claim or defense of the bank that it has reasonable grounds to believe is available against the person entitled to enforce the instrument;The obligated bank has a reasonable doubt whether the person demanding payment is the person entitled to enforce the instrument; orPayment is prohibited by law.

(a)

The bank suspends payments;

(b)

The obligated bank asserts a claim or defense of the bank that it has reasonable grounds to believe is available against the person entitled to enforce the instrument;

(c)

The obligated bank has a reasonable doubt whether the person demanding payment is the person entitled to enforce the instrument; or

(d)

Payment is prohibited by law.

Source: Section 673.4111 — Refusal to pay cashier’s checks, teller’s checks, and certified checks, https://www.­flsenate.­gov/Laws/Statutes/2024/0673.­4111 (accessed Aug. 7, 2025).

Current through Fall 2025

§ 673.4111. Refusal to pay cashier’s checks, teller’s checks, & certified checks's source at flsenate​.gov