- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 3. Negotiable Instruments
- Section 505. Evidence of Dishonor.
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. Excused Presentment and Notice of Dishonor.
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. - 45.03.511. Time For Acceptance or Payment; Dishonor; Protest; Waiver or Excuse. [Repealed, Sec. 127 Ch 35 SLA 1993].
AS 45.03.505. Evidence of Dishonor.
- (a) The following are admissible as evidence and create a presumption of dishonor and of any notice of dishonor stated:
- (1) a document regular in form as provided in (b) of this section that purports to be a protest;
- (2) a purported stamp or writing of the drawee, payor bank, or presenting bank on or accompanying the instrument stating
that acceptance or payment has been refused unless reasons for the refusal are stated and the reasons are not
consistent with dishonor; or
- (3) a book or record of the drawee, payor bank, or collecting bank, kept in the usual course of business, that shows
dishonor, even if there is no evidence of who made the entry.
- (b) A protest is a certificate of dishonor made by a United States consul or vice-consul or a notary public or other
person authorized to administer oaths by the law of the place where dishonor occurs. The protest may be made upon
information satisfactory to that person. The protest must identify the instrument and certify either that presentment
has been made or, if not made, the reason why it was not made, and that the instrument has been dishonored by
nonacceptance or nonpayment. The protest may also certify that notice of dishonor has been given to some or all
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