2021 Tennessee Code
Title 47 - Commercial Instruments and Transactions
Chapter 4 - Bank Deposits and Collections

Part 1 - General Provisions and Definitions

§ 47-4-101. Short Title - This chapter may be cited as “Uniform Commercial Code —...

§ 47-4-104. Definitions and Index of Definitions - Agreement for electronic presentment.” § 47-4-110; “Bank.” § 47-4-105; “Collecting...

§ 47-4-105. “Bank” — “Depositary Bank”— “Payor Bank” — “Intermediary Bank” — “Collecting Bank”— “Presenting bank.” - In this chapter:

§ 47-4-107. Separate Office of Bank - A branch or separate office of a bank is a...

§ 47-4-111. Statute of Limitations - An action to enforce an obligation, duty, or right arising...

Part 2 - Collection of Items — Depositary and Collecting Banks

§ 47-4-203. Effect of Instructions - Subject to chapter 3 of this title concerning conversion of...

§ 47-4-205. Depositary Bank Holder of Unendorsed Item - If a customer delivers an item to a depositary bank...

§ 47-4-206. Transfer Between Banks - Any agreed method that identifies the transferor bank is sufficient...

§ 47-4-211. When Bank Gives Value for Purposes of Holder in Due Course - For purposes of determining its status as a holder in...

§ 47-4-213. Medium and Time of Settlement by Bank - with respect to tender of settlement by cash, a cashier's...

Part 3 - Collection of Items — Payor Banks -

Part 4 - Relationship Between Payor Bank and Its Customer

§ 47-4-404. Bank Not Obliged to Pay Check More Than Six Months Old - A bank is under no obligation to a customer having...

§ 47-4-407. Payor Bank's Right to Subrogation on Improper Payment - If a payor bank has paid an item over the...

Part 5 - Collection of Documentary Drafts

§ 47-4-501. 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...

§ 47-4-502. Presentment of “On Arrival” Drafts - If a draft or the relevant instructions require presentment “on...

§ 47-4-503. 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 chapter 5...