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Well... Actually, it sort of does. If the bank takes payment for a stop and the check clears after the stop was placed, the bank is liable for the check.

Perhaps this varies by state, but here in MA, a stop payment is only good for 6 months, so from point of view, that makes it temporary and useless. After the 6 months, although the bank can refuse the cash the check, it can decide to do that regardless of the stop payment order and the customer is still liable for the check amount because it is past the 6 month window where the stop payment was applicable.

Based on that alone, I've been reluctant to bother spending the money on the stop payment.
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