A banking institution is liable to the depositor for the loss of any check that the institution loses or misplaces before the check clears the clearinghouse.
Structure Maryland Statutes
Title 5 - Banking Institutions -- General Provisions
Section 5-301 - Time Account Services
Section 5-302 - Terms of Savings Accounts
Section 5-305 - Deposits by Minors
Section 5-306 - Adverse Claim to Property Held by Bank
Section 5-307 - Liability for Loss of Check
Section 5-308 - Service Charges Prohibited if Withdrawals Restricted
Section 5-310 - Month and Year Account Opened to Appear on Checks; Exceptions