AL HB450

Amends Section 13A-9-13.1 of the Code of Alabama 1975 to expand the definition of "negotiable instrument" to include electronic drafts for purposes of the crime of negotiating a worthless negotiable instrument.

Defines the crime as negotiating or delivering a negotiable instrument for something of value with intent, knowledge, or expectation that it will not be honored by the drawee.

Establishes prima facie evidence of intent to defraud when the maker has no account with the drawee, payment is refused for lack of funds within 30 days, or notice of dishonor is returned undelivered.

Classifies negotiating a worthless negotiable instrument as a Class A misdemeanor.

Becomes effective on the first day of the third month following passage and approval by the Governor.