Colorado Code
Part 3 - Collection of Items - Payor Banks
§ 4-4-301. Deferred Posting - Recovery of Payment by Return of Items - Time of Dishonor - Return of Items by Payor Bank






(1) As to an item presented through a clearing house, when it is delivered to the presenting or last collecting bank or to the clearing house or is sent or delivered in accordance with clearing-house rules; or
(2) In all other cases, when it is sent or delivered to the bank's customer or transferor or pursuant to instructions.

Source: L. 94: Entire article amended with relocations, p. 897, § 2, effective January 1, 1995.






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Structure Colorado Code

Colorado Code

Title 4 - Uniform Commercial Code

Article 4 - Bank Deposits and Collections

Part 3 - Collection of Items - Payor Banks

§ 4-4-301. Deferred Posting - Recovery of Payment by Return of Items - Time of Dishonor - Return of Items by Payor Bank

§ 4-4-302. Payor Bank's Responsibility for Late Return of Item

§ 4-4-303. When Items Subject to Notice, Stop-Payment Order, Legal Process, or Setoff - Order in Which Items May Be Charged or Certified