§12A-3-411.

§12A-3-411.
   
                      REFUSAL TO PAY CASHIER'S CHECKS,
                                      
                   TELLER'S CHECKS, AND CERTIFIED CHECKS
                                      
   (a) In this section, "obligated bank" means the acceptor of a
   certified check or the issuer of a cashier's check or teller's check
   bought from the issuer.
   
   (b) If the obligated bank wrongfully (i) refuses to pay a cashier's
   check or certified check, (ii) stops payment of a teller's check, or
   (iii) refuses to pay a dishonored teller's check, the person asserting
   the right to enforce the check is entitled to compensation for
   expenses and loss of interest resulting from the nonpayment and may
   recover consequential damages if the obligated bank refuses to pay
   after receiving notice of particular circumstances giving rise to the
   damages.
   
   (c) Expenses or consequential damages under subsection (b) of this
   section are not recoverable if the refusal of the obligated bank to
   pay occurs because (i) the bank suspends payments, (ii) the obligated
   bank asserts a claim or defense of the bank that it has reasonable
   grounds to believe is available against the person entitled to enforce
   the instrument, (iii) the obligated bank has a reasonable doubt
   whether the person demanding payment is the person entitled to enforce
   the instrument, or (iv) payment is prohibited by law.