Re:How the DEA took a young man’s life savings without charg...
by a3n on Wednesday May 13, 2015 @01:44AM
(#9537005)
Who do you make it out to, and when?
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Re:How the DEA took a young man’s life savings without charg...
by anigbrowl on Wednesday May 13, 2015 @02:58AM
(#9537257)
You don't make it out to anyone. A cashier's check is a bearer instrument issued by the bank against its own funds.
Re:How the DEA took a young man’s life savings without charg...
by a3n on Wednesday May 13, 2015 @09:15AM
(#9538614)
"The payee's name, the written and numeric amount to be tendered, the remitter's information, and other tracking information (such as the branch of issue), are printed on the front of the check." https://en.wikipedia.org/wiki/Cashier%27s_check
"A bearer instrument is a document that indicates that the owner of the document has title to property, such as shares or bonds. Bearer instruments differ from normal registered instruments, in that no records are kept of who owns the underlying property, or of the transactions involving transfer of ownership. Whoever physically holds the bearer bond papers is assumed to be the owner of the property. This is useful for investors and corporate officers who wish to retain anonymity, but ownership is extremely difficult to recover in event of loss or theft." https://en.wikipedia.org/wiki/Bearer_instrument