Is predating a check legal
In my experience, if I need someone to wait a few days to cash a check, I've had better luck calling and talking to them. And regardless, no one wants to cash a check that ends up bouncing, so there's that. I worked at a bank for 6 years as the Teller Manager. For example, payday is Friday but boss is out of town on Friday, he writes all the checks on Thursday and hand them out after work. Now tellers do make mistakes and do not check the date on the check all the time which would result in it being cashed early.
If this does happen you are SOL because banks frown on people post-dating check and won't give you any fees back from it!
Documenting a transaction which has already happened One possible scenario is that the relevant transaction has already happened, but just hasn’t been documented yet.
For example, there may have been a transfer of trade from one group company to another on a particular date.
Option backdating scandals: how management accountants can help: backdating of employee stock options can have a significant negative effect on a public company.
-dated check (so if today is 5/26, you write 5/27 or onwards on the date line)?
There are some cases where this approach is not possible.For example, if you decide to loan money to a friend, you may draw up the contract after you’ve already made the loan, in which case you’ll want to backdate the contract, making it so that the interest started accruing the day you loaned the money.Likewise, if you haven’t made the loan yet, you may set the effective date to a future date, so that the interest only starts accruing when the actual loan has been made, either way, when getting a loan we suggest to stick to repayment plan for installment loans online.In those cases, the courts may look at surrounding circumstances to determine approximately when the contract went into effect.In addition to dated documents, courts may also look at the behavior of the parties, finding the contract to be effective when the parties proceeded as though they were under the terms of the contract.