Colorado Law on Post-Dated Checks

In Colorado, postdated checks are not bound by the bad check law.

Postdated checks are checks that are written with a future date for encashment. Postdated checks are not bound by the legal laws regarding normal checks. As a result, Colorado will not cover it under the bad check law.

Check Definition

A check is described as a draft payable on demand and drawn on a bank. Because post-dated checks are not necessarily payable on demand, Colorado does not have bad check laws regarding postdate checks.

Cashing Postdated Checks

Although postdated checks do not require payment upon demand, a bank may cash the check anytime it is received, even if the check is received before the date on it. To prevent the check from being cashed before the written date, the consumer must give the bank reasonable notice of the postdated check.

Debt Collectors

By law, in Colorado, a debt collector may not deposit a post dated check before the date on the check. A debt collector must inform the debtor in writing a post-dated check will be deposited within three to 10 days if the check is postdated by more than five days.

References

• Legal Match: What is a Post-dated check?
• Finicial Web: Be Careful with Postdated Checks
• Colorado Department of Law: Consumer Rights Information

Resources

• National Check Fraud Center:Bad Check Laws by States