Legal Question in Criminal Law in Michigan

Business check on closed account deposited into another businesses account.

Here is the situation: I own 2 c-

corporations. They are seperate

enitities with no connection. I made a

check payable to corp. A from a closed

account from Corp. B. I deposited the

check from Corp. A into the account of

Corp. B. The amount was $849.00 I

received no cash at that time. Later

that day I withdrew the money from

the ATM. The check bounced, as it was

drawn on a closed account. When I

deposited the check the teller told me

to just write the business name and

account number on the endorse line. I

was called the day it bounced and told

the bank I would pay the money back

asap. The next morning I went and

paid half the amount and said I would

pay the other half on the very next

business day, which I did. So I paid

them back in full, including the fee

they charged me. Can I still be

prosecuted?

What would happen if the check was

never signed by the issuer? I wrote

the check out to my other company,

but I do not believe I signed it, if

that's the case does it change

anything? Can the bank deposit a

check when the issuer has forgotten to

sign it? Does it matter that I did not

endorse it when I deposited it, I only

wrote the company name and account

number?

2 Answers from Attorneys

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