Colombian Commercial Code - Decree 410 of 1971 - Book III - Of Commercial Property - Title III - Securities - Chapter V - Different species of Securities - Section III - Check - Subpart I - Creation and Form Cheque - Del : Art 712 By: Art 716

COLOMBIAN COMMERCIAL CODE

Section III 

Check 

Subsection I 

Creation and form of the check

Article 712 .- The check may only be issued in printed checks or checkbooks and in charge of

a bank. The title as a check is issued in contravention of this article shall not affect the securities.

Article 713 .- The check must contain, in addition to the provisions of Article 621:

1. Unconditional order to pay a certain sum of money;

2. The name of the drawee bank, and

3. Indication of being payable to order or to bearer.

Article 714 .- The drawer must have funding available to the drawee bank and receipt of this authorization to write checks to his office. The authorization granted by means that the bank give the forms of checks or checkbooks to the drawer.

Article 715 .- The negotiability of the checks they may be limited by inserting a clause that says so.The non-negotiable checks by the relevant clause or provision of law, can only be cashed through a bank.Article 716 .- The check issued or endorsed in favor of the drawee bank is not negotiable, unless it is otherwise indicated.