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Section 55-4-501 - Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor. - A bank that takes a documentary draft for collection shall...
Section 55-4-502 - Presentment of "on arrival" drafts. - If a draft or the relevant instructions require presentment "on...
Section 55-4-503 - Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need. - Unless otherwise instructed and except as provided in Article 5...
Section 55-4-504 - Privilege of presenting bank to deal with goods; security interest for expenses. - (a) A presenting bank that, following the dishonor of a...