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§ 4-201. Status of collecting bank as agent and provisional status of credits; applicability of article; item indorsed “pay any bank”. - (a) Unless a contrary intent clearly appears and before the...
§ 4-202. Responsibility for collection or return; when action timely. - (a) A collecting bank must exercise ordinary care in: (1)...
§ 4-203. Effect of instructions. - Subject to Article 3 concerning conversion of instruments (Section 3-420)...
§ 4-204. Methods of sending and presenting; sending directly to payor bank. - (a) A collecting bank shall send items by a reasonably...
§ 4-205. Depositary bank holder of unindorsed item. - If a customer delivers an item to a depositary bank...
§ 4-206. Transfer between banks. - Any agreed method that identifies the transferor bank is sufficient...
§ 4-207. Transfer warranties. - (a) A customer or collecting bank that transfers an item...
§ 4-208. Presentment warranties. - (a) If an unaccepted draft is presented to the drawee...
§ 4-209. Encoding and retention warranties. - (a) A person who encodes information on or with respect...
§ 4-210. Security interest of collecting bank in items, accompanying documents and proceeds. - (a) A collecting bank has a security interest in an...
§ 4-211. When bank gives value for purposes of holder in due course. - For purposes of determining its status as a holder in...
§ 4-212. Presentment by notice of item not payable by, through, or at bank; liability of drawer or indorser. - (a) Unless otherwise instructed, a collecting bank may present an...
§ 4-213. Medium and time of settlement by bank. - (a) With respect to settlement by a bank, the medium...
§ 4-214. Right of charge-back or refund; liability of collecting bank; return of item. - (a) If a collecting bank has made provisional settlement with...
§ 4-215. 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...
§ 4-216. Insolvency and preference. - (a) If an item is in or comes into the...