Negotiable Instruments Act Article 138

A drawee who writes on a check the wording "certified" or "payment guaranteed" or any other wording of equivalent meaning shall assume the same liability for payment as the acceptor of a bill of exchange.If the drawee has written on a check wording referred to in the preceding paragraph, the drawer and all endorsers are discharged from their liabilities.The drawee may not guarantee payment beyond the funds available on deposit or the sum of money agreed under a credit agreement, and shall be punished by an administrative fine for any violation of this provision, provided that, the amount of the fine may not exceed the amount of the check.If the payment of a check has been guaranteed by the drawee in accordance with paragraph 1, the provisions of Articles 18, 130, and 136 shall not apply.