Alaska Statutes
Chapter 04. Bank Deposits and Collections
Article 2. Collection of Items: Depositary and Collecting Banks.

Sec. 45.04.201. Status of collecting bank as agent and provisional status of credits; applicability; item endorsed “pay any bank”. - (a) Unless a contrary intent clearly appears and before a...

Sec. 45.04.202. Responsibility for collection or return; when action timely. - (a) A collecting bank must exercise ordinary care in (1)...

Sec. 45.04.203. Effect of instructions. - Subject to the provisions concerning conversion of instruments (AS 45.03.420)...

Sec. 45.04.204. Methods of sending and presenting; sending directly to payor bank. - (a) A collecting bank shall send items by a reasonably...

Sec. 45.04.205. Depositary bank holder of unendorsed item. - If a customer delivers an item to a depositary bank...

Sec. 45.04.206. Transfer between banks. - Any agreed method that identifies the transferor bank is sufficient...

Sec. 45.04.207. Transfer warranties. - (a) A customer or collecting bank that transfers an item...

Sec. 45.04.208. Presentment warranties. - (a) If an unaccepted draft is presented to the drawee...

Sec. 45.04.209. Encoding and retention warranties. - (a) A person who encodes information on or with respect...

Sec. 45.04.210. Security interest of collecting bank in items, accompanying documents, and proceeds. - (a) A collecting bank has a security interest in an...

Sec. 45.04.211. When bank gives value for purposes of holder in due course. - To determine its status as a holder in due course,...

Sec. 45.04.212. Presentment by notice of item not payable by, through, or at a bank; liability of drawer or endorser. - (a) Unless otherwise instructed, a collecting bank may present an...

Sec. 45.04.213. Medium and time of settlement by bank. - (a) With respect to settlement by a bank, the medium...

Sec. 45.04.214. Right of charge back or refund; liability of collecting bank; return of item. - (a) If a collecting bank has made provisional settlement with...

Sec. 45.04.215. Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal. - (a) An item is finally paid by a payor bank...

Sec. 45.04.216. Insolvency and preference. - (a) If an item is in or comes into the...